ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Update

ProShares Big Data Refiners ETF (NYSEARCA:DAT) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,118 shares, a growth of 263.0% from the July 30th total of 308 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 3,132 shares, the days-to-cover ratio is currently 0.4 days.

ProShares Big Data Refiners ETF Trading Up 0.7%

NYSEARCA:DAT opened at $51.91 on Friday. ProShares Big Data Refiners ETF has a 1-year low of $31.88 and a 1-year high of $52.58. The firm has a market capitalization of $6.23 million, a price-to-earnings ratio of 37.53 and a beta of 1.19. The business’s 50-day moving average price is $45.54 and its two-hundred day moving average price is $40.54.

Hedge Funds Weigh In On ProShares Big Data Refiners ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DAT. Advisory Services Network LLC acquired a new position in shares of ProShares Big Data Refiners ETF in the 3rd quarter valued at $126,000. Jane Street Group LLC grew its position in shares of ProShares Big Data Refiners ETF by 17.2% in the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock valued at $279,000 after purchasing an additional 1,037 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in ProShares Big Data Refiners ETF in the 3rd quarter valued at $685,000.

About ProShares Big Data Refiners ETF

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.