ProShares Short 7-10 Treasury (NYSEARCA:TBX – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $28.67 and traded as high as $29.82. ProShares Short 7-10 Treasury shares last traded at $29.19, with a volume of 3,016 shares changing hands.
ProShares Short 7-10 Treasury Stock Performance
The firm’s 50 day moving average is $29.23 and its 200 day moving average is $28.69.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in ProShares Short 7-10 Treasury stock. Citadel Advisors LLC purchased a new position in shares of ProShares Short 7-10 Treasury (NYSEARCA:TBX – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 63,122 shares of the exchange traded fund’s stock, valued at approximately $1,786,000. Citadel Advisors LLC owned about 8.65% of ProShares Short 7-10 Treasury at the end of the most recent quarter.
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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