ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Stock Short Interest Report for September

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 25,092 shares, a drop of 42.3% from the September 15th total of 43,492 shares. Approximately 8.4% of the shares of the stock are sold short. Based on an average daily volume of 21,953 shares, the short-interest ratio is currently 1.1 days.

ProShares UltraPro Short 20+ Year Treasury Trading Down 4.2%

TTT traded down $3.57 on Thursday, hitting $80.88. 14,215 shares of the company’s stock traded hands, compared to its average volume of 8,714. The firm has a market cap of $25.07 million, a price-to-earnings ratio of 5.18 and a beta of -1.58. The company’s 50 day simple moving average is $79.65 and its 200-day simple moving average is $72.91. ProShares UltraPro Short 20+ Year Treasury has a one year low of $59.23 and a one year high of $92.85.

Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury

A hedge fund recently raised its stake in ProShares UltraPro Short 20+ Year Treasury stock. Cim LLC lifted its holdings in ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) by 10.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,505 shares of the company’s stock after buying an additional 3,893 shares during the quarter. Cim LLC owned approximately 14.63% of ProShares UltraPro Short 20+ Year Treasury worth $2,659,000 at the end of the most recent quarter. Institutional investors and hedge funds own 20.88% of the company’s stock.

ProShares UltraPro Short 20+ Year Treasury Company Profile

The ProShares UltraPro Short 20+ Year Treasury (TTT) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund provides 3x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years. TTT was launched on Mar 27, 2012 and is managed by ProShares.