ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Shares Shorted: Short Interest Up 82.4% in September

ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 173,082 shares, a growth of 82.4% from the August 31st total of 94,875 shares. Based on an average trading volume of 84,923 shares, the short-interest ratio is presently 2.0 days. Approximately 4.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On ProShares Ultra 20+ Year Treasury

An institutional investor recently raised its position in ProShares Ultra 20+ Year Treasury stock. Royal Bank of Canada increased its position in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) by 23.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,615 shares of the company’s stock after buying an additional 867 shares during the quarter. Royal Bank of Canada owned 0.11% of ProShares Ultra 20+ Year Treasury worth $75,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Ultra 20+ Year Treasury Stock Down 1.0%

UBT traded down $0.13 during trading on Thursday, reaching $13.14. The stock had a trading volume of 93,282 shares, compared to its average volume of 79,911. The business has a 50-day moving average of $14.76 and a 200-day moving average of $15.63. ProShares Ultra 20+ Year Treasury has a one year low of $12.98 and a one year high of $18.48.

ProShares Ultra 20+ Year Treasury Company Profile

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index. The Index includes all publicly issued, United States Treasury securities.