ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Trading Down 1.6% – Should You Sell?

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) traded down 1.6% during trading on Monday . The stock traded as low as $65.25 and last traded at $65.25. 5,126 shares changed hands during trading, a decline of 55% from the average session volume of 11,381 shares. The stock had previously closed at $66.30.

ProShares UltraPro Short 20+ Year Treasury Stock Performance

The company has a 50 day moving average price of $76.79 and a 200 day moving average price of $70.19.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Essex LLC bought a new position in shares of ProShares UltraPro Short 20+ Year Treasury during the 4th quarter worth approximately $200,000. Cim LLC boosted its stake in shares of ProShares UltraPro Short 20+ Year Treasury by 0.9% during the 4th quarter. Cim LLC now owns 33,528 shares of the company’s stock worth $2,681,000 after acquiring an additional 292 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of ProShares UltraPro Short 20+ Year Treasury by 53.2% during the 3rd 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.

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.