ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Sees Significant Increase in Short Interest

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 5,113 shares, an increase of 36.1% from the February 12th total of 3,756 shares. Based on an average trading volume of 11,992 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.0% of the shares of the stock are short sold. Currently, 1.0% of the shares of the stock are short sold. Based on an average trading volume of 11,992 shares, the days-to-cover ratio is presently 0.4 days.

ProShares UltraShort Lehman 7-10 Year Treasury Stock Up 0.3%

Shares of PST traded up $0.07 during mid-day trading on Friday, hitting $22.44. 10,696 shares of the stock were exchanged, compared to its average volume of 12,198. ProShares UltraShort Lehman 7-10 Year Treasury has a 52-week low of $18.80 and a 52-week high of $24.42. The firm has a 50-day moving average of $22.04 and a two-hundred day moving average of $22.05.

Institutional Investors Weigh In On ProShares UltraShort Lehman 7-10 Year Treasury

A number of hedge funds have recently bought and sold shares of the business. Jane Street Group LLC lifted its position in ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% during the second quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock valued at $798,000 after purchasing an additional 21,499 shares during the last quarter. Citadel Advisors LLC grew its stake in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 1.9% in the 3rd quarter. Citadel Advisors LLC now owns 25,023 shares of the company’s stock worth $554,000 after buying an additional 464 shares in the last quarter. Finally, Susquehanna International Group LLP increased its holdings in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 3.6% in the 3rd quarter. Susquehanna International Group LLP now owns 39,628 shares of the company’s stock worth $877,000 after buying an additional 1,366 shares during the last quarter.

ProShares UltraShort Lehman 7-10 Year Treasury Company Profile

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.