Short Interest in ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Decreases By 77.7%
by Renee Jackson · The Cerbat GemProShares Long Online/Short Stores ETF (NYSEARCA:CLIX – Get Free Report) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 51 shares, a drop of 77.7% from the March 15th total of 229 shares. Based on an average daily trading volume, of 538 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Institutional Investors Weigh In On ProShares Long Online/Short Stores ETF
Institutional investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC acquired a new stake in ProShares Long Online/Short Stores ETF during the third quarter worth about $45,000. Raymond James Financial Inc. acquired a new stake in ProShares Long Online/Short Stores ETF during the second quarter worth about $147,000. Finally, SG Americas Securities LLC grew its position in ProShares Long Online/Short Stores ETF by 248.8% during the fourth quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock worth $574,000 after buying an additional 6,771 shares in the last quarter.
ProShares Long Online/Short Stores ETF Trading Up 0.8%
CLIX stock traded up $0.44 during trading on Friday, reaching $55.91. 439 shares of the stock were exchanged, compared to its average volume of 587. ProShares Long Online/Short Stores ETF has a twelve month low of $41.83 and a twelve month high of $62.85. The company has a market capitalization of $6.71 million, a P/E ratio of 21.88 and a beta of 0.90. The stock has a 50 day simple moving average of $53.64 and a 200-day simple moving average of $58.01.
About ProShares Long Online/Short Stores ETF
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.