ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Short Interest Update

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,025 shares, a drop of 78.4% from the May 14th total of 9,357 shares. Approximately 1.7% of the company’s stock are short sold. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC acquired a new stake in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 25,573 shares of the company’s stock, valued at approximately $312,000. SG Americas Securities LLC owned approximately 10.66% of ProShares Decline of the Retail Store ETF at the end of the most recent quarter.

ProShares Decline of the Retail Store ETF Trading Down 0.5%

NYSEARCA:EMTY traded down $0.13 during trading hours on Wednesday, reaching $24.06. The company had a trading volume of 1,882 shares, compared to its average volume of 2,733. The business’s 50-day simple moving average is $23.97 and its two-hundred day simple moving average is $23.59. ProShares Decline of the Retail Store ETF has a twelve month low of $21.78 and a twelve month high of $26.20.

About ProShares Decline of the Retail Store ETF

The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.