ProShares Short 7-10 Treasury (NYSEARCA:TBX – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,513 shares, a decrease of 63.0% from the July 30th total of 6,787 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 9,618 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Investors Weigh In On ProShares Short 7-10 Treasury
A number of large investors have recently added to or reduced their stakes in the company. LPL Financial LLC bought a new stake in ProShares Short 7-10 Treasury during the 4th quarter valued at approximately $785,000. Royal Bank of Canada raised its position in shares of ProShares Short 7-10 Treasury by 4,280.9% in the 1st quarter. Royal Bank of Canada now owns 21,510 shares of the exchange traded fund’s stock worth $606,000 after acquiring an additional 21,019 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of ProShares Short 7-10 Treasury by 61.9% in the 1st quarter. Jane Street Group LLC now owns 21,137 shares of the exchange traded fund’s stock valued at $595,000 after purchasing an additional 8,078 shares during the period.
ProShares Short 7-10 Treasury Stock Up 0.5%
Shares of ProShares Short 7-10 Treasury stock traded up $0.13 on Friday, hitting $28.87. The stock had a trading volume of 1,771 shares, compared to its average volume of 18,779. ProShares Short 7-10 Treasury has a one year low of $27.42 and a one year high of $28.92. The stock’s 50-day simple moving average is $28.62 and its two-hundred day simple moving average is $28.31.
About ProShares Short 7-10 Treasury
The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.
Further Reading
- Five stocks we like better than ProShares Short 7-10 Treasury
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for ProShares Short 7-10 Treasury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short 7-10 Treasury and related companies with MarketBeat.com's FREE daily email newsletter.
