ProShares Online Retail ETF (NYSEARCA:ONLN) Short Interest Update

ProShares Online Retail ETF (NYSEARCA:ONLN) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 9,748 shares, an increase of 109.9% from the January 15th total of 4,645 shares. Based on an average daily volume of 18,417 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.8% of the company’s stock are short sold. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 18,417 shares, the days-to-cover ratio is presently 0.5 days.

ProShares Online Retail ETF Stock Performance

NYSEARCA:ONLN opened at $52.65 on Friday. ProShares Online Retail ETF has a 52 week low of $36.21 and a 52 week high of $63.94. The firm has a 50-day moving average price of $60.12 and a two-hundred day moving average price of $59.14. The firm has a market cap of $64.23 million, a price-to-earnings ratio of 22.53 and a beta of 1.36.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. HRT Financial LP bought a new stake in shares of ProShares Online Retail ETF during the 4th quarter worth $1,047,000. LPL Financial LLC raised its position in ProShares Online Retail ETF by 35.4% in the fourth quarter. LPL Financial LLC now owns 36,023 shares of the company’s stock worth $2,134,000 after acquiring an additional 9,414 shares during the period. Tower Research Capital LLC TRC raised its position in ProShares Online Retail ETF by 2,881.9% in the second quarter. Tower Research Capital LLC TRC now owns 9,572 shares of the company’s stock worth $486,000 after acquiring an additional 9,251 shares during the period. EWG Elevate Inc. purchased a new position in ProShares Online Retail ETF in the third quarter valued at about $486,000. Finally, GeoWealth Management LLC bought a new position in shares of ProShares Online Retail ETF during the 3rd quarter valued at approximately $441,000.

ProShares Online Retail ETF Company Profile

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.