ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Sees Significant Decrease in Short Interest

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 17 shares, a drop of 84.0% from the January 15th total of 106 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 438 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 438 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

ProShares Long Online/Short Stores ETF Stock Performance

Shares of NYSEARCA:CLIX traded up $0.06 during mid-day trading on Tuesday, reaching $54.62. 552 shares of the company’s stock were exchanged, compared to its average volume of 524. ProShares Long Online/Short Stores ETF has a twelve month low of $40.14 and a twelve month high of $62.85. The firm has a market capitalization of $6.55 million, a price-to-earnings ratio of 21.88 and a beta of 0.84. The business’s fifty day moving average price is $60.19 and its 200-day moving average price is $59.04.

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

A number of institutional investors have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC acquired a new stake in shares of ProShares Long Online/Short Stores ETF in the third quarter valued at about $45,000. Raymond James Financial Inc. bought a new stake in ProShares Long Online/Short Stores ETF in the second quarter valued at approximately $147,000. Finally, SG Americas Securities LLC increased its position in ProShares Long Online/Short Stores ETF by 248.8% during the 4th quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock valued at $574,000 after purchasing an additional 6,771 shares during the period.

ProShares Long Online/Short Stores ETF Company Profile

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.