ProShares Big Data Refiners ETF (NYSEARCA:DAT) Sees Large Increase in Short Interest

ProShares Big Data Refiners ETF (NYSEARCA:DAT) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,111 shares, an increase of 59.9% from the August 31st total of 695 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average trading volume of 988 shares, the days-to-cover ratio is presently 1.1 days.

ProShares Big Data Refiners ETF Stock Up 1.3%

DAT stock traded up $0.68 during midday trading on Wednesday, reaching $51.02. The company’s stock had a trading volume of 431 shares, compared to its average volume of 2,187. ProShares Big Data Refiners ETF has a 52 week low of $31.88 and a 52 week high of $52.58. The business’s 50-day simple moving average is $48.61 and its 200-day simple moving average is $42.56. The stock has a market cap of $5.10 million, a PE ratio of 37.53 and a beta of 1.20.

About ProShares Big Data Refiners ETF

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.