ProShares Pet Care ETF (BATS:PAWZ) Short Interest Down 38.1% in July

ProShares Pet Care ETF (BATS:PAWZ) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 2,445 shares, a decrease of 38.1% from the June 30th total of 3,949 shares. Based on an average daily trading volume, of 1,420 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.2% of the company’s shares are short sold.

ProShares Pet Care ETF Price Performance

Shares of ProShares Pet Care ETF stock opened at $51.13 on Thursday. The stock’s 50-day moving average is $48.23 and its 200 day moving average is $51.43. ProShares Pet Care ETF has a one year low of $45.96 and a one year high of $58.99. The firm has a market cap of $55.22 million, a price-to-earnings ratio of 23.65 and a beta of 1.16.

Institutional Trading of ProShares Pet Care ETF

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of ProShares Pet Care ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 38,065 shares of the company’s stock valued at $1,989,000 after acquiring an additional 207 shares in the last quarter. Jane Street Group LLC boosted its stake in ProShares Pet Care ETF by 4.5% during the second quarter. Jane Street Group LLC now owns 5,921 shares of the company’s stock worth $343,000 after acquiring an additional 253 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in ProShares Pet Care ETF by 31.8% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,243 shares of the company’s stock worth $67,000 after purchasing an additional 300 shares during the period. Raymond James Financial Inc. acquired a new stake in ProShares Pet Care ETF in the second quarter worth $155,000. Finally, SG Americas Securities LLC grew its holdings in ProShares Pet Care ETF by 21.9% in the fourth quarter. SG Americas Securities LLC now owns 30,548 shares of the company’s stock worth $1,670,000 after purchasing an additional 5,497 shares during the period.

ProShares Pet Care ETF Company Profile

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.