ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Stock Price Down 1.6% – Should You Sell?

Shares of ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) traded down 1.6% on Monday . The company traded as low as $65.25 and last traded at $65.25. 5,126 shares were traded during trading, a decline of 55% from the average session volume of 11,381 shares. The stock had previously closed at $66.30.

ProShares UltraPro Short 20+ Year Treasury Trading Down 1.6 %

The business has a 50-day moving average of $76.79 and a two-hundred day moving average of $70.19.

Institutional Investors Weigh In On ProShares UltraPro Short 20+ Year Treasury

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Essex LLC bought a new stake in shares of ProShares UltraPro Short 20+ Year Treasury in the 4th quarter valued at about $200,000. Cim LLC grew its position in shares of ProShares UltraPro Short 20+ Year Treasury by 0.9% in the 4th quarter. Cim LLC now owns 33,528 shares of the company’s stock valued at $2,681,000 after buying an additional 292 shares during the last quarter. Finally, Jane Street Group LLC grew its position in shares of ProShares UltraPro Short 20+ Year Treasury by 53.2% in the 3rd quarter. Jane Street Group LLC now owns 53,197 shares of the company’s stock valued at $3,194,000 after buying an additional 18,467 shares during the last quarter.

ProShares UltraPro Short 20+ Year Treasury Company Profile

The ProShares UltraPro Short 20+ Year Treasury (TTT) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund provides 3x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years.