Short Interest in ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Increases By 144.4%

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 528 shares, an increase of 144.4% from the July 30th total of 216 shares. Based on an average daily volume of 1,170 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On ProShares Long Online/Short Stores ETF

A number of institutional investors have recently made changes to their positions in CLIX. Raymond James Financial Inc. acquired a new stake in shares of ProShares Long Online/Short Stores ETF during the second quarter valued at $147,000. CIBC Private Wealth Group LLC acquired a new position in ProShares Long Online/Short Stores ETF in the 3rd quarter valued at about $45,000. Finally, SG Americas Securities LLC lifted its holdings in ProShares Long Online/Short Stores ETF by 10.9% in the 1st quarter. SG Americas Securities LLC now owns 10,526 shares of the company’s stock valued at $562,000 after purchasing an additional 1,034 shares in the last quarter.

ProShares Long Online/Short Stores ETF Price Performance

Shares of ProShares Long Online/Short Stores ETF stock opened at $60.89 on Friday. ProShares Long Online/Short Stores ETF has a 1 year low of $50.29 and a 1 year high of $62.85. The business has a 50 day moving average price of $58.26 and a 200 day moving average price of $56.67. The company has a market capitalization of $7.31 million, a P/E ratio of 21.88 and a beta of 0.92.

ProShares Long Online/Short Stores ETF Company Profile

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.