NEW YORK (AVAFIN) -- Block trades serve as a useful indicator for investors trying to understand the sentiment
of large financial institutions. A total of 34 block trades were executed today,
typically at least 10,000 shares or more represent a single block unit.
Further analysis into the trading activity reveals that 318,527
shares were bought and 200,591 shares were sold. The bought/sold ratio for
shares of ProShares UltraShort 20+ Year Treasury is 1.59, representing a positive net cash
flow of $2,292,494 into the stock.
Institutional traders also took positions in options where a total of 74,306 contracts
was traded. The put/call ratio equaled 0.25 with 15,033 put and 59,273 call contracts
On the volume side, 9M shares were traded which is greater
than the average volume. ProShares UltraShort 20+ Year Treasury is trading above the 50 day
moving average and lower than the 200 day moving average.
Shares of TBT opened today at $19.42 and settled the day down $0.07 to $19.27
during the session. The day's trading range is between $19.25 and $19.62 respectively.
Performance indicators show that the stock has lost -0.21% within the last month.