ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX – Get Free Report) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 528 shares, a growth of 144.4% from the July 30th total of 216 shares. Based on an average daily trading volume, of 1,170 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.
Hedge Funds Weigh In On ProShares Long Online/Short Stores ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. grew its holdings in ProShares Long Online/Short Stores ETF by 76.5% in the third quarter. Raymond James Financial Inc. now owns 4,978 shares of the company’s stock valued at $299,000 after purchasing an additional 2,158 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of ProShares Long Online/Short Stores ETF in the 3rd quarter worth about $45,000. Finally, SG Americas Securities LLC grew its stake in ProShares Long Online/Short Stores ETF by 10.9% in the 1st quarter. SG Americas Securities LLC now owns 10,526 shares of the company’s stock valued at $562,000 after acquiring an additional 1,034 shares during the last quarter.
ProShares Long Online/Short Stores ETF Stock Performance
Shares of ProShares Long Online/Short Stores ETF stock opened at $59.90 on Friday. The company has a 50-day moving average of $58.17 and a two-hundred day moving average of $56.64. ProShares Long Online/Short Stores ETF has a 12-month low of $50.29 and a 12-month high of $62.85. The stock has a market cap of $7.19 million, a PE ratio of 21.88 and a beta of 0.92.
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.
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