ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Down 37.8% in August

ProShares Big Data Refiners ETF (NYSEARCA:DAT) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 695 shares, a decrease of 37.8% from the August 15th total of 1,118 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 2,337 shares, the days-to-cover ratio is currently 0.3 days.

ProShares Big Data Refiners ETF Price Performance

Shares of NYSEARCA DAT traded up $0.77 during midday trading on Thursday, hitting $49.87. The company’s stock had a trading volume of 65 shares, compared to its average volume of 2,271. The firm has a market capitalization of $49.82 million, a price-to-earnings ratio of 37.53 and a beta of 1.20. The business’s fifty day simple moving average is $47.44 and its two-hundred day simple moving average is $41.69. ProShares Big Data Refiners ETF has a 1 year low of $31.88 and a 1 year high of $52.58.

ProShares Big Data Refiners ETF Company Profile

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.