ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Sees Large Increase in Short Interest

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 8,626 shares, a growth of 33.7% from the February 26th total of 6,454 shares. Currently, 4.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,603 shares, the short-interest ratio is currently 3.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC purchased a new position in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the 4th quarter, according to the company in its most recent 13F 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 about 10.66% of ProShares Decline of the Retail Store ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Decline of the Retail Store ETF Price Performance

ProShares Decline of the Retail Store ETF stock traded up $0.12 during midday trading on Friday, reaching $12.11. 1,316 shares of the stock traded hands, compared to its average volume of 4,649. The stock’s fifty day moving average is $11.45 and its 200-day moving average is $11.75. ProShares Decline of the Retail Store ETF has a 12 month low of $10.89 and a 12 month 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.