ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Sees Significant Increase in Short Interest

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 12,719 shares, an increase of 197.2% from the April 15th total of 4,279 shares. Approximately 5.1% of the shares of the company are sold short. Based on an average daily volume of 7,823 shares, the days-to-cover ratio is presently 1.6 days.

ProShares Decline of the Retail Store ETF Stock Up 1.4%

ProShares Decline of the Retail Store ETF stock traded up $0.17 during trading hours on Friday, hitting $12.61. 5,055 shares of the stock traded hands, compared to its average volume of 5,434. The firm’s 50 day moving average price is $11.87 and its 200-day moving average price is $11.80. ProShares Decline of the Retail Store ETF has a 1 year low of $10.89 and a 1 year high of $13.10.

Institutional Trading of ProShares Decline of the Retail Store ETF

An institutional investor recently bought a new position in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC bought a new position in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,573 shares of the company’s stock, valued at approximately $312,000. SG Americas Securities LLC owned about 10.66% of ProShares Decline of the Retail Store ETF as of its most recent SEC filing.

ProShares Decline of the Retail Store ETF Company Profile

The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.