ProShares UltraShort 20+ Year Treasury (TBT) Shares Cross Below 200 DMA

In trading on Wednesday, shares of the ProShares UltraShort 20+ Year Treasury ETF (Symbol: TBT) crossed below their 200 day moving average of $34.42, changing hands as low as $34.02 per share. ProShares UltraShort 20+ Year Treasury shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of TBT shares, versus its 200 day moving average:

Looking at the chart above, TBT’s low point in its 52 week range is $31.685 per share, with $38.37 as the 52 week high point — that compares with a last trade of $34.12.

Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

Further TBT Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.