ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Shares Down 2.1% – What’s Next?

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTTGet Free Report) shares were down 2.1% during mid-day trading on Monday . The stock traded as low as $75.30 and last traded at $75.78. Approximately 8,526 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 11,447 shares. The stock had previously closed at $77.44.

ProShares UltraPro Short 20+ Year Treasury Stock Down 2.1 %

The business’s fifty day simple moving average is $71.39 and its 200 day simple moving average is $72.76.

ProShares UltraPro Short 20+ Year Treasury Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.4934 per share. The ex-dividend date of this dividend was Wednesday, March 26th. This is a boost from ProShares UltraPro Short 20+ Year Treasury’s previous dividend of $0.18.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Essex LLC bought a new stake in ProShares UltraPro Short 20+ Year Treasury during the fourth quarter worth $200,000. Cim LLC grew its holdings in shares of ProShares UltraPro Short 20+ Year Treasury by 0.9% in the fourth quarter. Cim LLC now owns 33,528 shares of the company’s stock valued at $2,681,000 after acquiring an additional 292 shares in the last quarter. Finally, Jane Street Group LLC increased its position 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 valued at $3,194,000 after acquiring an additional 18,467 shares during the last quarter.

About ProShares UltraPro Short 20+ Year Treasury

(Get Free Report)

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.

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