ProShares Ultrashort 20+ Year Treasury (TBT) closed at $39.85 on October 20, 2026, down 1.9% from the previous close, on volume of 181,169 shares (30-day average 389,813).
Data as of October 20, 2026.
20-Oct-2026
No press releases found.
Alarm bells start to ring at this 10-year yield level - Evercore
Seeking Alpha News (Tue, 20-Oct 7:19 AM ET)
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 October 20, 2026, TBT stock price declined to $39.85 with 181,169 million shares trading.
TBT has a beta of -0.17, 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 $321.87 million. This is considered a Small Cap stock.
In the last 3 years, TBT traded as high as $44.96 and as low as $28.00.
TBT has outperformed the market in the last year with a return of +25.9%, while the SPY ETF gained +16.9%. In the last 3 month period, TBT beat the market returning +10.3%, while SPY returned +3.7%. However, in the most recent 2 weeks TBT has underperformed the stock market by returning -7.2%, while SPY returned -0.7%.
TBT support price is $39.94 and resistance is $41.30 (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.