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

ProShares Online Retail ETF (NYSEARCA:ONLN) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 4,022 shares, a decline of 58.7% from the January 29th total of 9,748 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 14,069 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 14,069 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

ProShares Online Retail ETF Stock Performance

Shares of ONLN stock traded down $0.08 during midday trading on Friday, reaching $55.56. 1,925 shares of the company were exchanged, compared to its average volume of 13,572. The company has a market cap of $67.78 million, a P/E ratio of 22.53 and a beta of 1.36. ProShares Online Retail ETF has a 12 month low of $36.21 and a 12 month high of $63.94. The company’s 50 day moving average price is $58.93 and its two-hundred day moving average price is $59.12.

Institutional Investors Weigh In On ProShares Online Retail ETF

A number of institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in ProShares Online Retail ETF by 16.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,936 shares of the company’s stock valued at $809,000 after purchasing an additional 2,221 shares during the period. Advisors Preferred LLC acquired a new stake in ProShares Online Retail ETF during the third quarter worth $71,000. Farther Finance Advisors LLC boosted its position in shares of ProShares Online Retail ETF by 246.3% during the 4th quarter. Farther Finance Advisors LLC now owns 2,878 shares of the company’s stock valued at $171,000 after acquiring an additional 2,047 shares in the last quarter. UBS Group AG increased its stake in ProShares Online Retail ETF by 2.4% in the fourth quarter. UBS Group AG now owns 145,201 shares of the company’s stock valued at $8,602,000 after acquiring an additional 3,376 shares during the period. Finally, Royal Bank of Canada raised its position in ProShares Online Retail ETF by 41.7% in the fourth quarter. Royal Bank of Canada now owns 1,365 shares of the company’s stock worth $81,000 after purchasing an additional 402 shares in the last quarter.

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.