Short Interest in ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Decreases By 78.0%

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 13 shares, a decrease of 78.0% from the May 31st total of 59 shares. Based on an average daily volume of 481 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

ProShares Long Online/Short Stores ETF Price Performance

Shares of CLIX remained flat at $54.58 during midday trading on Monday. The stock had a trading volume of 2,372 shares, compared to its average volume of 499. ProShares Long Online/Short Stores ETF has a fifty-two week low of $50.29 and a fifty-two week high of $62.85. The firm has a market capitalization of $6.55 million, a price-to-earnings ratio of 21.88 and a beta of 0.92. The company has a 50-day moving average price of $57.83 and a 200-day moving average price of $57.20.

Hedge Funds Weigh In On ProShares Long Online/Short Stores ETF

A number of institutional investors and hedge funds have recently modified their holdings of CLIX. CIBC Private Wealth Group LLC acquired a new stake in ProShares Long Online/Short Stores ETF during the third quarter worth approximately $45,000. Raymond James Financial Inc. acquired a new position in ProShares Long Online/Short Stores ETF in the 2nd quarter valued at $147,000. Finally, SG Americas Securities LLC lifted its stake in shares of 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 during the period.

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.