ProShares Ultrashort 20+ Year Treasury (TBT) closed at $38.89 on November 10, 2026, up 2.7% from the previous close, on volume of 373,769 shares (30-day average 327,243).
Data as of November 10, 2026.
| # | Date | Strategy | Legs | Contracts |
|---|---|---|---|---|
| 1 | Oct 20, 2026 | Diagonal Put Spread | 20-Nov-26 : 15-Jan-2736 : 25 P | 2,000 |
| 2-3 | The next 2 largest trades are for Premium members. Start a 7-day free trial | |||
Ranked by contracts: multi-leg trades of 200 or more contracts on one day, through Nov 9, 2026. See the 10 largest for 30, 60 and 90 days
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ProShares UltraShort 20+ Year Treasury seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The ICE U.S. Treasury 20+ Year Bond Index includes publicly- issued U.S. Treasury securities that have a remaining maturity greater than twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. In addition, the securities in the Underlying Index must be fixed-rate and denominated in U.S. dollars. Excluded from the Underlying Index are inflation-linked securities, Treasury bills, cash management bills, any government agency debt issued with or without a government guarantee and zero-coupon issues that have been stripped from coupon-paying bonds. The Underlying Index is weighted by market capitalization, and the securities in the Underlying Index are updated on the last business day of each month.
ProShares Ultrashort 20+ Year Treasury trades on the ARCA stock market under the symbol TBT.
As of November 10, 2026, TBT stock price climbed to $38.89 with 373,769 million shares trading.
TBT has a beta of -0.15, meaning it tends to be less sensitive to market movements. TBT has a correlation of 0.01 to the broad based SPY ETF.
TBT has a market cap of $267.83 million. This is considered a Small Cap stock.
In the last 3 years, TBT traded as high as $43.77 and as low as $28.00.
TBT has outperformed the market in the last year with a price return of +18.9% while the SPY ETF gained +12.9%. TBT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.4% and +1.4%, respectively, while the SPY returned -2.8% and -2.0%, respectively.
TBT support price is $37.30 and resistance is $38.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TBT shares will trade within this expected range on the day.
