ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $17.11 and traded as low as $15.96. ProShares UltraShort Lehman 7-10 Year Treasury shares last traded at $16.02, with a volume of 5,600 shares.
The company’s 50-day moving average price is $17.07 and its two-hundred day moving average price is $18.29.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Thursday, March 26th will be given a dividend of $0.0175 per share. This represents a $0.07 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Wednesday, March 25th.
ProShares UltraShort Lehman 7-10 Year Treasury Company Profile (NYSEARCA:PST)
ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.
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