ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Short Interest Down 70.9% in March

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 229 shares, a drop of 70.9% from the February 26th total of 786 shares. Based on an average daily trading volume, of 980 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

ProShares Long Online/Short Stores ETF Trading Down 2.0%

Shares of CLIX stock traded down $1.07 during trading hours on Thursday, hitting $53.04. The company’s stock had a trading volume of 665 shares, compared to its average volume of 608. The stock has a market cap of $6.36 million, a PE ratio of 21.88 and a beta of 0.84. ProShares Long Online/Short Stores ETF has a 12-month low of $40.14 and a 12-month high of $62.85. The company has a 50 day moving average of $55.23 and a 200 day moving average of $58.46.

Institutional Investors Weigh In On ProShares Long Online/Short Stores ETF

Several hedge funds have recently added to or reduced their stakes in CLIX. CIBC Private Wealth Group LLC purchased a new position in shares of ProShares Long Online/Short Stores ETF during the 3rd quarter valued at about $45,000. Raymond James Financial Inc. acquired a new position in shares of ProShares Long Online/Short Stores ETF in the 2nd quarter valued at about $147,000. Finally, SG Americas Securities LLC boosted its stake in shares of ProShares Long Online/Short Stores ETF by 248.8% in the fourth quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock worth $574,000 after buying 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.