Short Interest in ProShares Big Data Refiners ETF (NYSEARCA:DAT) Declines By 21.8%

ProShares Big Data Refiners ETF (NYSEARCA:DAT) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,680 shares, a decrease of 21.8% from the December 15th total of 4,704 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,021 shares, the days-to-cover ratio is presently 3.6 days. Based on an average daily trading volume, of 1,021 shares, the days-to-cover ratio is presently 3.6 days. Approximately 2.5% of the company’s stock are short sold.

ProShares Big Data Refiners ETF Stock Down 1.8%

Shares of NYSEARCA:DAT traded down $0.77 during midday trading on Friday, reaching $42.65. 377 shares of the company were exchanged, compared to its average volume of 1,316. The firm has a market cap of $6.40 million, a PE ratio of 37.53 and a beta of 1.17. ProShares Big Data Refiners ETF has a fifty-two week low of $33.03 and a fifty-two week high of $49.14. The stock has a fifty day simple moving average of $45.24 and a two-hundred day simple moving average of $46.26.

Institutional Trading of ProShares Big Data Refiners ETF

A number of institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new position in shares of ProShares Big Data Refiners ETF during the third quarter worth about $685,000. Advisory Services Network LLC bought a new stake in ProShares Big Data Refiners ETF in the 3rd quarter valued at approximately $126,000. Finally, Jane Street Group LLC lifted its stake in ProShares Big Data Refiners ETF by 17.2% in the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock valued at $279,000 after acquiring an additional 1,037 shares in the last quarter.

ProShares Big Data Refiners ETF Company Profile

The ProShares Big Data Refiners ETF (DAT) is an exchange-traded fund that is based on the FactSet Big Data Refiners index, a market-cap-weighted index of global companies focusing on the management, storage, usage, and analysis of large structured and unstructured datasets. DAT was launched on Sep 29, 2021 and is managed by ProShares.