ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Short Interest Up 7,404.7% in February

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 6,454 shares, a growth of 7,404.7% from the February 12th total of 86 shares. Based on an average trading volume of 6,606 shares, the days-to-cover ratio is currently 1.0 days. Currently, 3.1% of the shares of the company are short sold. Currently, 3.1% of the shares of the company are short sold. Based on an average trading volume of 6,606 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of ProShares Decline of the Retail Store ETF

A hedge fund recently bought a new stake in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC purchased a new position in shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 25,573 shares of the company’s stock, valued at approximately $312,000. SG Americas Securities LLC owned 10.66% of ProShares Decline of the Retail Store ETF as of its most recent SEC filing.

ProShares Decline of the Retail Store ETF Stock Up 0.8%

Shares of NYSEARCA EMTY opened at $11.77 on Thursday. The stock has a fifty day moving average price of $11.37 and a 200 day moving average price of $11.71. ProShares Decline of the Retail Store ETF has a 1-year low of $10.89 and a 1-year high of $15.39.

ProShares Decline of the Retail Store ETF Company Profile

The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.