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

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,103 shares, a decrease of 44.3% from the June 15th total of 1,980 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 659 shares, the short-interest ratio is currently 1.7 days.

ProShares Decline of the Retail Store ETF Stock Performance

Shares of NYSEARCA EMTY opened at $23.91 on Friday. ProShares Decline of the Retail Store ETF has a fifty-two week low of $21.78 and a fifty-two week high of $26.02. The business has a 50 day moving average price of $24.26 and a two-hundred day moving average price of $23.56.

Institutional Trading of ProShares Decline of the Retail Store ETF

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) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 at the end of the most recent quarter.

About ProShares Decline of the Retail Store ETF

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.