ProShares Pet Care ETF (BATS:PAWZ) Sees Significant Decrease in Short Interest

ProShares Pet Care ETF (BATS:PAWZ) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 2,445 shares, a decrease of 38.1% from the June 30th total of 3,949 shares. Based on an average daily trading volume, of 1,420 shares, the short-interest ratio is presently 1.7 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of ProShares Pet Care ETF

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of ProShares Pet Care ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 38,065 shares of the company’s stock worth $1,989,000 after buying an additional 207 shares during the last quarter. Jane Street Group LLC grew its stake in ProShares Pet Care ETF by 4.5% during the 2nd quarter. Jane Street Group LLC now owns 5,921 shares of the company’s stock valued at $343,000 after purchasing an additional 253 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of ProShares Pet Care ETF by 31.8% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,243 shares of the company’s stock valued at $67,000 after purchasing an additional 300 shares during the period. Raymond James Financial Inc. acquired a new position in shares of ProShares Pet Care ETF in the second quarter valued at about $155,000. Finally, SG Americas Securities LLC raised its stake in shares of ProShares Pet Care ETF by 21.9% in the fourth quarter. SG Americas Securities LLC now owns 30,548 shares of the company’s stock worth $1,670,000 after purchasing an additional 5,497 shares during the last quarter.

ProShares Pet Care ETF Stock Performance

Shares of BATS PAWZ opened at $50.66 on Friday. The company has a market cap of $54.71 million, a PE ratio of 23.65 and a beta of 1.16. The business has a 50-day simple moving average of $48.30 and a two-hundred day simple moving average of $51.40. ProShares Pet Care ETF has a fifty-two week low of $45.96 and a fifty-two week high of $58.99.

About ProShares Pet Care ETF

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.