Short Interest in ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Declines By 84.0%

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 17 shares, a drop of 84.0% from the January 15th total of 106 shares. Based on an average daily volume of 438 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 438 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of ProShares Long Online/Short Stores ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. CIBC Private Wealth Group LLC bought a new position in ProShares Long Online/Short Stores ETF during the 3rd quarter worth approximately $45,000. Raymond James Financial Inc. acquired a new stake in ProShares Long Online/Short Stores ETF in the second quarter worth $147,000. Finally, SG Americas Securities LLC boosted its position in shares of ProShares Long Online/Short Stores ETF by 248.8% during the fourth quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock worth $574,000 after purchasing an additional 6,771 shares in the last quarter.

ProShares Long Online/Short Stores ETF Stock Down 3.2%

Shares of ProShares Long Online/Short Stores ETF stock traded down $1.75 during trading on Wednesday, reaching $52.87. 411 shares of the company were exchanged, compared to its average volume of 518. The business has a 50-day moving average price of $60.19 and a 200-day moving average price of $59.04. The firm has a market capitalization of $6.34 million, a price-to-earnings ratio of 21.88 and a beta of 0.84. ProShares Long Online/Short Stores ETF has a twelve month low of $40.14 and a twelve month high of $62.85.

About ProShares Long Online/Short Stores ETF

The ProShares Long Online\u002FShort Stores ETF (CLIX) is an exchange-traded fund that is based on the ProShares Long Online\u002FShort Stores index. The fund tracks a fixed-selection, tier-weighted index of both long and short positions in US-listed securities. CLIX was launched on Nov 14, 2017 and is managed by ProShares.