ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Trading Up 3.8% – Here’s What Happened

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTTGet Free Report) shares rose 3.8% on Monday . The stock traded as high as $72.30 and last traded at $72.30. Approximately 8,634 shares were traded during trading, a decline of 27% from the average daily volume of 11,850 shares. The stock had previously closed at $69.66.

ProShares UltraPro Short 20+ Year Treasury Price Performance

The stock’s 50 day simple moving average is $73.46 and its 200-day simple moving average is $71.30.

ProShares UltraPro Short 20+ Year Treasury Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th will be issued a dividend of $0.4934 per share. This is an increase from ProShares UltraPro Short 20+ Year Treasury’s previous dividend of $0.18. The ex-dividend date is Wednesday, March 26th.

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

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

ProShares UltraPro Short 20+ Year Treasury Company Profile

(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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