ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Stock Short Interest Falls 38.5%

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 275 shares, a drop of 38.5% from the August 31st total of 447 shares. Based on an average daily trading volume, of 518 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in ProShares Long Online/Short Stores ETF stock. SG Americas Securities LLC grew its holdings in ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) by 10.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,526 shares of the company’s stock after acquiring an additional 1,034 shares during the quarter. SG Americas Securities LLC owned 8.77% of ProShares Long Online/Short Stores ETF worth $562,000 at the end of the most recent reporting period.

ProShares Long Online/Short Stores ETF Price Performance

Shares of ProShares Long Online/Short Stores ETF stock traded down $0.34 during trading on Thursday, hitting $55.85. 373 shares of the company were exchanged, compared to its average volume of 573. ProShares Long Online/Short Stores ETF has a 1-year low of $50.29 and a 1-year high of $62.85. The firm has a market capitalization of $5.59 million, a P/E ratio of 21.88 and a beta of 0.92. The firm’s fifty day moving average price is $58.58 and its 200 day moving average price is $57.44.

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.