ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Sees Large Decline in Short Interest

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 59 shares, a decline of 35.2% from the May 14th total of 91 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 221 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC acquired a new position in shares of ProShares Long Online/Short Stores ETF during the 3rd quarter worth about $45,000. SG Americas Securities LLC increased its stake in shares of ProShares Long Online/Short Stores ETF by 10.9% during the 1st quarter. SG Americas Securities LLC now owns 10,526 shares of the company’s stock worth $562,000 after purchasing an additional 1,034 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of ProShares Long Online/Short Stores ETF by 76.5% during the 3rd quarter. Raymond James Financial Inc. now owns 4,978 shares of the company’s stock worth $299,000 after buying an additional 2,158 shares during the period.

ProShares Long Online/Short Stores ETF Trading Down 0.1%

Shares of ProShares Long Online/Short Stores ETF stock traded down $0.07 during trading on Tuesday, hitting $55.69. 243 shares of the stock were exchanged, compared to its average volume of 500. The stock has a market capitalization of $6.68 million, a price-to-earnings ratio of 21.88 and a beta of 0.92. The company has a fifty day moving average price of $57.88 and a 200-day moving average price of $57.51. ProShares Long Online/Short Stores ETF has a 1-year low of $50.16 and a 1-year high of $62.85.

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.