ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Trading Up 1.5%

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) shares traded up 1.5% during mid-day trading on Thursday . The stock traded as high as $83.72 and last traded at $83.17. 10,277 shares traded hands during trading, a decline of 62% from the average session volume of 27,313 shares. The stock had previously closed at $81.92.

ProShares UltraPro Short 20+ Year Treasury Trading Up 1.5 %

The company has a fifty day moving average price of $73.14 and a 200-day moving average price of $80.58.

Institutional Trading of ProShares UltraPro Short 20+ Year Treasury

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC increased its stake in ProShares UltraPro Short 20+ Year Treasury by 3.2% in the third quarter. Renaissance Technologies LLC now owns 9,600 shares of the company’s stock worth $730,000 after purchasing an additional 300 shares during the period. Flow Traders U.S. LLC purchased a new stake in ProShares UltraPro Short 20+ Year Treasury in the first quarter worth $464,000. UBS Group AG increased its stake in ProShares UltraPro Short 20+ Year Treasury by 5.7% in the fourth quarter. UBS Group AG now owns 5,140 shares of the company’s stock worth $396,000 after purchasing an additional 275 shares during the period. Envestnet Asset Management Inc. purchased a new stake in ProShares UltraPro Short 20+ Year Treasury in the third quarter worth $351,000. Finally, Two Sigma Securities LLC purchased a new position in shares of ProShares UltraPro Short 20+ Year Treasury during the second quarter valued at $239,000.

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.