ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY – Get Free Report) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 2,025 shares, a decrease of 78.4% from the May 14th total of 9,357 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is currently 0.5 days. Approximately 1.7% of the company’s shares are short sold.
ProShares Decline of the Retail Store ETF Trading Down 0.1%
Shares of NYSEARCA EMTY traded down $0.03 during midday trading on Friday, reaching $23.53. The company had a trading volume of 574 shares, compared to its average volume of 2,696. ProShares Decline of the Retail Store ETF has a one year low of $21.78 and a one year high of $26.20. The firm’s fifty day moving average price is $23.96 and its 200-day moving average price is $23.56.
Institutional Investors Weigh In On ProShares Decline of the Retail Store ETF
A hedge fund recently bought a new stake in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC bought a new stake in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 at the end of the most recent quarter.
About ProShares Decline of the Retail Store ETF
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.
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