ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Short Interest Update

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 229 shares, a drop of 70.9% from the February 26th total of 786 shares. Based on an average daily volume of 980 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 980 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC increased its holdings in ProShares Long Online/Short Stores ETF by 248.8% in the 4th quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock worth $574,000 after acquiring an additional 6,771 shares in the last quarter. Raymond James Financial Inc. purchased a new position in ProShares Long Online/Short Stores ETF during the second quarter valued at approximately $147,000. Finally, CIBC Private Wealth Group LLC purchased a new position in ProShares Long Online/Short Stores ETF during the third quarter valued at approximately $45,000.

ProShares Long Online/Short Stores ETF Stock Up 2.5%

NYSEARCA:CLIX traded up $1.31 during mid-day trading on Wednesday, hitting $54.11. 568 shares of the company traded hands, compared to its average volume of 608. The stock’s fifty day moving average price is $55.56 and its 200-day moving average price is $58.53. ProShares Long Online/Short Stores ETF has a one year low of $40.14 and a one year high of $62.85. The firm has a market cap of $6.49 million, a price-to-earnings ratio of 21.88 and a beta of 0.84.

About ProShares Long Online/Short Stores ETF

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.