ProShares Short 7-10 Treasury (NYSEARCA:TBX) Short Interest Update

ProShares Short 7-10 Treasury (NYSEARCA:TBX) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 1,342 shares, a decrease of 30.5% from the January 29th total of 1,931 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,893 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 7,893 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Trading of ProShares Short 7-10 Treasury

Institutional investors have recently bought and sold shares of the company. Caldwell Trust Co acquired a new position in shares of ProShares Short 7-10 Treasury in the 2nd quarter valued at about $34,000. Royal Bank of Canada increased its holdings in ProShares Short 7-10 Treasury by 182.9% in the fourth quarter. Royal Bank of Canada now owns 24,911 shares of the exchange traded fund’s stock worth $692,000 after purchasing an additional 16,106 shares in the last quarter. LPL Financial LLC acquired a new position in ProShares Short 7-10 Treasury in the fourth quarter valued at approximately $785,000. Finally, Jane Street Group LLC boosted its holdings in shares of ProShares Short 7-10 Treasury by 18.6% during the 2nd quarter. Jane Street Group LLC now owns 25,062 shares of the exchange traded fund’s stock worth $706,000 after buying an additional 3,925 shares in the last quarter.

ProShares Short 7-10 Treasury Trading Down 0.3%

TBX stock traded down $0.09 during midday trading on Friday, reaching $27.44. 13,695 shares of the stock were exchanged, compared to its average volume of 8,859. ProShares Short 7-10 Treasury has a 52 week low of $27.37 and a 52 week high of $30.05. The company has a fifty day moving average price of $27.81 and a 200 day moving average price of $27.90.

About ProShares Short 7-10 Treasury

The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.