ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Update

ProShares Big Data Refiners ETF (NYSEARCA:DAT) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 308 shares, a drop of 55.6% from the July 15th total of 693 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 3,104 shares, the short-interest ratio is presently 0.1 days.

ProShares Big Data Refiners ETF Trading Down 1.0%

Shares of NYSEARCA DAT traded down $0.52 during trading on Friday, reaching $49.90. 601 shares of the company traded hands, compared to its average volume of 2,382. The firm’s fifty day simple moving average is $43.91 and its 200 day simple moving average is $39.79. The stock has a market cap of $5.99 million, a P/E ratio of 37.53 and a beta of 1.19. ProShares Big Data Refiners ETF has a 12-month low of $31.88 and a 12-month high of $50.42.

Institutional Trading of ProShares Big Data Refiners ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DAT. Advisory Services Network LLC purchased a new position in ProShares Big Data Refiners ETF during the third quarter valued at approximately $126,000. Flow Traders U.S. LLC acquired a new position in ProShares Big Data Refiners ETF in the third quarter valued at approximately $685,000. Finally, Jane Street Group LLC boosted its position in ProShares Big Data Refiners ETF by 17.2% in the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock worth $279,000 after purchasing an additional 1,037 shares in the last quarter.

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.