Short Interest in ProShares Online Retail ETF (NYSEARCA:ONLN) Rises By 154.8%

ProShares Online Retail ETF (NYSEARCA:ONLN) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 7,492 shares, a growth of 154.8% from the June 30th total of 2,940 shares. Based on an average daily trading volume, of 6,954 shares, the short-interest ratio is presently 1.1 days. Approximately 0.7% of the shares of the company are sold short.

ProShares Online Retail ETF Price Performance

NYSEARCA ONLN traded up $1.62 during trading hours on Monday, hitting $56.37. The company’s stock had a trading volume of 4,925 shares, compared to its average volume of 9,357. ProShares Online Retail ETF has a 12 month low of $50.87 and a 12 month high of $63.94. The company’s 50 day simple moving average is $56.00 and its two-hundred day simple moving average is $56.72. The company has a market cap of $63.13 million, a P/E ratio of 22.53 and a beta of 1.37.

Institutional Trading of ProShares Online Retail ETF

Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC raised its holdings in shares of ProShares Online Retail ETF by 6.3% during the first quarter. SG Americas Securities LLC now owns 11,045 shares of the company’s stock valued at $588,000 after purchasing an additional 657 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in ProShares Online Retail ETF by 32.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 12,075 shares of the company’s stock valued at $715,000 after buying an additional 2,938 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of ProShares Online Retail ETF by 41.7% during the 4th quarter. Royal Bank of Canada now owns 1,365 shares of the company’s stock valued at $81,000 after buying an additional 402 shares during the period. Wells Fargo & Company MN boosted its stake in shares of ProShares Online Retail ETF by 11.2% in the 4th quarter. Wells Fargo & Company MN now owns 11,434 shares of the company’s stock worth $677,000 after buying an additional 1,155 shares during the last quarter. Finally, HRT Financial LP purchased a new position in shares of ProShares Online Retail ETF in the 4th quarter worth $1,047,000.

ProShares Online Retail ETF Company Profile

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.