ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Sees Significant Drop in Short Interest

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 59 shares, a drop of 37.9% from the April 15th total of 95 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 685 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of ProShares Long Online/Short Stores ETF

Hedge funds have recently bought and sold shares of the company. CIBC Private Wealth Group LLC bought a new stake in ProShares Long Online/Short Stores ETF in the 3rd quarter valued at about $45,000. Raymond James Financial Inc. bought a new stake in shares of ProShares Long Online/Short Stores ETF during the 2nd quarter worth about $147,000. Finally, SG Americas Securities LLC raised its position in shares of ProShares Long Online/Short Stores ETF by 10.9% during the 1st quarter. SG Americas Securities LLC now owns 10,526 shares of the company’s stock worth $562,000 after buying an additional 1,034 shares in the last quarter.

ProShares Long Online/Short Stores ETF Trading Down 1.4%

NYSEARCA:CLIX traded down $0.81 during mid-day trading on Tuesday, hitting $57.36. The stock had a trading volume of 222 shares, compared to its average volume of 532. The stock has a market capitalization of $6.88 million, a price-to-earnings ratio of 21.88 and a beta of 0.94. The company has a 50 day simple moving average of $56.44 and a 200-day simple moving average of $57.93. ProShares Long Online/Short Stores ETF has a 52 week low of $48.27 and a 52 week high of $62.85.

ProShares Long Online/Short Stores ETF Company Profile

The ProShares Long Online\u002FShort Stores ETF (CLIX) is an exchange-traded fund that is based on the ProShares Long Online\u002FShort Stores index. The fund tracks a fixed-selection, tier-weighted index of both long and short positions in US-listed securities. CLIX was launched on Nov 14, 2017 and is managed by ProShares.