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

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIXGet Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 59 shares, a decrease of 35.2% from the May 14th total of 91 shares. Based on an average daily volume of 221 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

ProShares Long Online/Short Stores ETF Trading Down 0.1%

Shares of CLIX traded down $0.07 during mid-day trading on Tuesday, hitting $55.69. 243 shares of the company traded hands, compared to its average volume of 500. ProShares Long Online/Short Stores ETF has a one year low of $50.16 and a one year high of $62.85. The business has a 50-day moving average of $57.88 and a 200 day moving average of $57.51. The stock has a market capitalization of $6.68 million, a price-to-earnings ratio of 21.88 and a beta of 0.92.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of CLIX. CIBC Private Wealth Group LLC acquired a new stake in ProShares Long Online/Short Stores ETF in the third quarter worth $45,000. SG Americas Securities LLC raised its holdings in ProShares Long Online/Short Stores ETF by 10.9% in the first 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 period. Finally, Raymond James Financial Inc. raised its holdings in ProShares Long Online/Short Stores ETF by 76.5% in the third quarter. Raymond James Financial Inc. now owns 4,978 shares of the company’s stock worth $299,000 after purchasing an additional 2,158 shares during the period.

About ProShares Long Online/Short Stores ETF

(Get Free Report)

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.

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