ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Short Interest Update

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the target of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 229 shares, a decline of 70.9% from the February 26th total of 786 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 980 shares, the short-interest ratio is currently 0.2 days.

ProShares Long Online/Short Stores ETF Stock Performance

ProShares Long Online/Short Stores ETF stock traded down $1.15 during trading on Friday, hitting $51.89. The company’s stock had a trading volume of 324 shares, compared to its average volume of 602. The stock’s fifty day moving average is $55.04 and its 200 day moving average is $58.42. ProShares Long Online/Short Stores ETF has a 1-year low of $40.14 and a 1-year high of $62.85. The stock has a market capitalization of $6.23 million, a price-to-earnings ratio of 21.88 and a beta of 0.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CLIX. Raymond James Financial Inc. acquired a new stake in shares of ProShares Long Online/Short Stores ETF in the second quarter worth approximately $147,000. CIBC Private Wealth Group LLC purchased a new stake in ProShares Long Online/Short Stores ETF in the third quarter valued at approximately $45,000. Finally, SG Americas Securities LLC increased its position in 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 during the last quarter.

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.