ProShares Big Data Refiners ETF (NYSEARCA:DAT) Sees Large Decline in Short Interest

ProShares Big Data Refiners ETF (NYSEARCA:DAT) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 695 shares, a drop of 37.8% from the August 15th total of 1,118 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 2,337 shares, the days-to-cover ratio is presently 0.3 days.

ProShares Big Data Refiners ETF Stock Down 0.9%

Shares of DAT stock traded down $0.45 on Wednesday, reaching $49.00. The stock had a trading volume of 268 shares, compared to its average volume of 2,293. ProShares Big Data Refiners ETF has a 12 month low of $31.88 and a 12 month high of $52.58. The firm has a market capitalization of $48.95 million, a price-to-earnings ratio of 37.53 and a beta of 1.20. The firm’s 50-day moving average is $47.34 and its two-hundred day moving average is $41.61.

ProShares Big Data Refiners ETF Company Profile

The ProShares Big Data Refiners ETF (DAT) is an exchange-traded fund that is based on the FactSet Big Data Refiners index, a market-cap-weighted index of global companies focusing on the management, storage, usage, and analysis of large structured and unstructured datasets. DAT was launched on Sep 29, 2021 and is managed by ProShares.