ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Shares Up 3.8% – What’s Next?

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT)’s stock price traded up 3.8% during mid-day trading on Monday . The company traded as high as $72.30 and last traded at $72.30. 8,634 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 11,850 shares. The stock had previously closed at $69.66.

ProShares UltraPro Short 20+ Year Treasury Stock Up 3.8 %

The firm has a fifty day moving average price of $73.73 and a 200 day moving average price of $71.20.

Hedge Funds Weigh In On ProShares UltraPro Short 20+ Year Treasury

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC boosted its holdings in shares of ProShares UltraPro Short 20+ Year Treasury by 53.2% during the third quarter. Jane Street Group LLC now owns 53,197 shares of the company’s stock worth $3,194,000 after acquiring an additional 18,467 shares during the period. Essex LLC acquired a new position in shares of ProShares UltraPro Short 20+ Year Treasury during the 4th quarter worth approximately $200,000. Finally, Cim LLC increased its holdings in shares of ProShares UltraPro Short 20+ Year Treasury by 0.9% during the fourth quarter. Cim LLC now owns 33,528 shares of the company’s stock worth $2,681,000 after purchasing an additional 292 shares during the period.

About ProShares UltraPro Short 20+ Year Treasury

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.