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.