ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Update

ProShares Big Data Refiners ETF (NYSEARCA:DAT) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 2,052 shares, a decrease of 34.7% from the May 31st total of 3,141 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,307 shares, the days-to-cover ratio is presently 0.6 days.

ProShares Big Data Refiners ETF Price Performance

Shares of NYSEARCA DAT opened at $43.53 on Thursday. The stock has a market capitalization of $5.22 million, a PE ratio of 37.53 and a beta of 1.19. The business has a fifty day moving average price of $40.34 and a two-hundred day moving average price of $39.64. ProShares Big Data Refiners ETF has a fifty-two week low of $31.88 and a fifty-two week high of $49.14.

Institutional Investors Weigh In On ProShares Big Data Refiners ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC increased its holdings in ProShares Big Data Refiners ETF by 17.2% in the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock valued at $279,000 after buying an additional 1,037 shares during the period. Advisory Services Network LLC bought a new stake in shares of ProShares Big Data Refiners ETF during the 3rd quarter worth approximately $126,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of ProShares Big Data Refiners ETF during the 3rd quarter worth approximately $685,000.

ProShares Big Data Refiners ETF Company Profile

The ProShares Big Data Refiners ETF (DAT) is an exchange-traded fund that is based on the FactSet Big Data Refiners index, a market-cap-weighted index of global companies focusing on the management, storage, usage, and analysis of large structured and unstructured datasets. DAT was launched on Sep 29, 2021 and is managed by ProShares.