ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Sees Significant Decrease in Short Interest

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 13 shares, a drop of 78.0% from the May 31st total of 59 shares. Based on an average daily volume of 481 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

ProShares Long Online/Short Stores ETF Stock Performance

Shares of ProShares Long Online/Short Stores ETF stock traded up $0.40 during trading hours on Friday, reaching $54.58. 2,372 shares of the company were exchanged, compared to its average volume of 499. ProShares Long Online/Short Stores ETF has a 1 year low of $50.29 and a 1 year high of $62.85. The firm has a market cap of $6.55 million, a PE ratio of 21.88 and a beta of 0.92. The stock’s fifty day moving average is $57.83 and its 200 day moving average is $57.23.

Institutional Trading of ProShares Long Online/Short Stores ETF

Several hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its holdings in ProShares Long Online/Short Stores ETF by 248.8% during the 4th quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock worth $574,000 after acquiring an additional 6,771 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of ProShares Long Online/Short Stores ETF during the 2nd quarter worth $147,000. Finally, CIBC Private Wealth Group LLC acquired a new position in shares of ProShares Long Online/Short Stores ETF during the third quarter worth $45,000.

ProShares Long Online/Short Stores ETF Company Profile

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.