Proshares UltraShort 3-7 Year Treasury Breaks Below 200-Day Moving Average - Notable For TBZ

In trading on Wednesday, shares of the Proshares UltraShort 3-7 Year Treasury ETF ( TBZ) crossed below their 200 day moving average of $32.22, changing hands as low as $31.61 per share. Proshares UltraShort 3-7 Year Treasury shares are currently trading down about 1.9% on the day. The chart below shows the one year performance of TBZ shares, versus its 200 day moving average:

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Proshares UltraShort 3-7 Year Treasury 200 Day Moving Average Chart

Looking at the chart above, TBZ's low point in its 52 week range is $30.77 per share, with $41.00 as the 52 week high point — that compares with a last trade of $31.61.
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