ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Short Interest Update

ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 173,082 shares, an increase of 82.4% from the August 31st total of 94,875 shares. Based on an average daily volume of 84,923 shares, the short-interest ratio is presently 2.0 days. Currently, 4.3% of the company’s shares are short sold.

Hedge Funds Weigh In On ProShares Ultra 20+ Year Treasury

An institutional investor recently raised its stake in ProShares Ultra 20+ Year Treasury stock. Royal Bank of Canada grew its position in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) by 23.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,615 shares of the company’s stock after purchasing an additional 867 shares during the quarter. Royal Bank of Canada owned about 0.11% of ProShares Ultra 20+ Year Treasury worth $75,000 at the end of the most recent reporting period.

ProShares Ultra 20+ Year Treasury Stock Performance

NYSEARCA:UBT traded down $0.15 during mid-day trading on Wednesday, hitting $13.27. 160,880 shares of the stock traded hands, compared to its average volume of 79,869. ProShares Ultra 20+ Year Treasury has a 52 week low of $13.14 and a 52 week high of $18.48. The firm’s 50 day moving average is $14.80 and its two-hundred day moving average is $15.66.

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.