POWERSHARES DB 3X SHORT 25+ YEAR (Stock Symbol: SBND)
SBND- Stock Profile
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| Company Name: | POWERSHARES DB 3X SHORT 25+ YEAR |
| Stock Ticker (Symbol): | SBND |
| Traded Exchange: | NYSE ARCA Stock Exchange |
| Average Traded Price: | $7.30 |
| Average Daily Traded Volume: | 63,900 |
| Started to Trade on: | Thursday, July 01, 2010 |
POWERSHARES DB 3X SHORT 25+ YEAR Profile
SBND tracks the Deutsche Bank Short U.S. Treasury Bond Futures Index (300%). The index seeks to measure the performance of a short investment in Ultra T-Bond Futures. Ultra T-Bond Futures are futures contracts traded on the CBOT whose underlying assets are U.S. Treasury Bonds with a remaining term to maturity of not less than 25 years from the first day of the futures contract delivery month. SBND fund belons to the "Leveraged Bonds" stock marketsector. This exchange traded fund was lunched on Monday, June 28, 2010.
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