ProShares Online Retail ETF (NYSEARCA:ONLN) Short Interest Update

ProShares Online Retail ETF (NYSEARCA:ONLN) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,774 shares, a decrease of 47.0% from the August 15th total of 5,235 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 4,396 shares, the short-interest ratio is currently 0.6 days.

ProShares Online Retail ETF Trading Down 2.2%

Shares of ProShares Online Retail ETF stock traded down $1.24 during mid-day trading on Tuesday, hitting $55.46. 2,650 shares of the stock were exchanged, compared to its average volume of 8,424. The stock has a market capitalization of $60.45 million, a price-to-earnings ratio of 22.53 and a beta of 1.37. ProShares Online Retail ETF has a twelve month low of $50.87 and a twelve month high of $63.94. The company has a 50-day simple moving average of $58.18 and a 200 day simple moving average of $56.70.

Institutional Trading of ProShares Online Retail ETF

A number of hedge funds have recently bought and sold shares of ONLN. SG Americas Securities LLC grew its stake in ProShares Online Retail ETF by 6.3% in the 1st quarter. SG Americas Securities LLC now owns 11,045 shares of the company’s stock worth $588,000 after acquiring an additional 657 shares during the period. Rockefeller Capital Management L.P. lifted its stake in shares of ProShares Online Retail ETF by 32.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 12,075 shares of the company’s stock worth $715,000 after purchasing an additional 2,938 shares during the period. Finally, UBS Group AG boosted its holdings in shares of ProShares Online Retail ETF by 2.4% during the fourth quarter. UBS Group AG now owns 145,201 shares of the company’s stock worth $8,602,000 after purchasing an additional 3,376 shares during the last quarter.

About ProShares Online Retail ETF

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.