ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) Stock Price Up 0.5% – What’s Next?

ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT)’s stock price were up 0.5% on Monday . The stock traded as high as $85.49 and last traded at $84.61. Approximately 12,330 shares were traded during trading, a decline of 16% from the average daily volume of 14,733 shares. The stock had previously closed at $84.23.

ProShares UltraPro Short 20+ Year Treasury Stock Performance

The stock’s fifty day simple moving average is $74.77 and its 200-day simple moving average is $68.59.

Hedge Funds Weigh In On ProShares UltraPro Short 20+ Year Treasury

A hedge fund recently raised its stake in ProShares UltraPro Short 20+ Year Treasury stock. Cim LLC boosted its stake in ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) by 1.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,981 shares of the company’s stock after acquiring an additional 550 shares during the period. Cim LLC owned 4.75% of ProShares UltraPro Short 20+ Year Treasury worth $2,465,000 as of its most recent filing with the SEC.

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.