ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) Short Interest Update

ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 1,435 shares, a decrease of 84.3% from the April 15th total of 9,121 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 7,441 shares, the short-interest ratio is currently 0.2 days.

ProShares UltraShort Lehman 7-10 Year Treasury Stock Performance

Shares of PST stock traded up $0.16 during trading hours on Tuesday, reaching $22.92. 3,260 shares of the company’s stock were exchanged, compared to its average volume of 12,577. The stock’s 50 day moving average is $22.39 and its 200-day moving average is $22.16. ProShares UltraShort Lehman 7-10 Year Treasury has a fifty-two week low of $21.39 and a fifty-two week high of $24.15.

Hedge Funds Weigh In On ProShares UltraShort Lehman 7-10 Year Treasury

Large investors have recently made changes to their positions in the business. Susquehanna International Group LLP increased its position 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 valued at $877,000 after acquiring an additional 1,366 shares during the period. Jane Street Group LLC increased its position in shares of ProShares UltraShort Lehman 7-10 Year Treasury by 155.3% in the 2nd quarter. Jane Street Group LLC now owns 35,341 shares of the company’s stock valued at $798,000 after acquiring an additional 21,499 shares during the period. Finally, Citadel Advisors LLC increased its position 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 valued at $554,000 after acquiring an additional 464 shares during the period.

About ProShares UltraShort Lehman 7-10 Year Treasury

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.