ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Update

ProShares Big Data Refiners ETF (NYSEARCA:DAT) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,290 shares, an increase of 611.2% from the March 31st total of 322 shares. Based on an average trading volume of 6,286 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.5% of the shares of the company are sold short.

ProShares Big Data Refiners ETF Stock Performance

NYSEARCA:DAT traded up $0.35 during mid-day trading on Friday, reaching $35.95. 388 shares of the company’s stock were exchanged, compared to its average volume of 2,387. ProShares Big Data Refiners ETF has a one year low of $31.88 and a one year high of $49.14. The firm has a market capitalization of $5.39 million, a PE ratio of 37.53 and a beta of 1.18. The business’s fifty day simple moving average is $35.75 and its two-hundred day simple moving average is $41.64.

Hedge Funds Weigh In On ProShares Big Data Refiners ETF

Hedge funds have recently bought and sold shares of the company. Flow Traders U.S. LLC bought a new position in ProShares Big Data Refiners ETF in the 3rd quarter valued at about $685,000. Jane Street Group LLC increased its holdings 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 buying an additional 1,037 shares during the period. Finally, Advisory Services Network LLC bought a new position in ProShares Big Data Refiners ETF in the 3rd quarter valued at about $126,000.

About ProShares Big Data Refiners ETF

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.