ProShares Short 7-10 Treasury (NYSEARCA:TBX – Get Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 142 shares, a decrease of 81.0% from the June 30th total of 746 shares. Based on an average daily volume of 39,262 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.
ProShares Short 7-10 Treasury Stock Down 0.1%
Shares of NYSEARCA TBX traded down $0.03 during midday trading on Monday, reaching $28.73. The company’s stock had a trading volume of 1,144 shares, compared to its average volume of 20,734. ProShares Short 7-10 Treasury has a fifty-two week low of $27.42 and a fifty-two week high of $28.87. The business’s 50 day moving average price is $28.50 and its two-hundred day moving average price is $28.16.
Institutional Trading of ProShares Short 7-10 Treasury
Several large investors have recently modified their holdings of TBX. Royal Bank of Canada increased its position in shares of ProShares Short 7-10 Treasury by 4,280.9% in the first quarter. Royal Bank of Canada now owns 21,510 shares of the exchange traded fund’s stock worth $606,000 after purchasing an additional 21,019 shares during the period. Jane Street Group LLC lifted its position in ProShares Short 7-10 Treasury by 61.9% during the first quarter. Jane Street Group LLC now owns 21,137 shares of the exchange traded fund’s stock worth $595,000 after purchasing an additional 8,078 shares during the period. Finally, LPL Financial LLC acquired a new stake in ProShares Short 7-10 Treasury during the fourth quarter worth about $785,000.
ProShares Short 7-10 Treasury Company Profile
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.
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