ProShares Online Retail ETF (NYSEARCA:ONLN – Get Free Report) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 2,326 shares, a decline of 45.9% from the May 14th total of 4,302 shares. Based on an average daily volume of 8,840 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold.
ProShares Online Retail ETF Price Performance
Shares of ProShares Online Retail ETF stock traded up $0.27 during trading on Tuesday, hitting $55.74. The company’s stock had a trading volume of 1,637 shares, compared to its average volume of 9,857. ProShares Online Retail ETF has a 52 week low of $48.73 and a 52 week high of $63.94. The stock has a market cap of $64.10 million, a price-to-earnings ratio of 22.53 and a beta of 1.37. The stock has a 50-day moving average price of $57.35 and a two-hundred day moving average price of $57.55.
Institutional Trading of ProShares Online Retail ETF
Several institutional investors have recently modified their holdings of the business. UBS Group AG boosted its position in ProShares Online Retail ETF by 2.4% during the fourth quarter. UBS Group AG now owns 145,201 shares of the company’s stock valued at $8,602,000 after acquiring an additional 3,376 shares during the last quarter. Bank of America Corp DE boosted its position in ProShares Online Retail ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 96,573 shares of the company’s stock valued at $4,900,000 after acquiring an additional 794 shares during the last quarter. LPL Financial LLC boosted its position in ProShares Online Retail ETF by 35.4% during the fourth quarter. LPL Financial LLC now owns 36,023 shares of the company’s stock valued at $2,134,000 after acquiring an additional 9,414 shares during the last quarter. HRT Financial LP bought a new stake in ProShares Online Retail ETF during the fourth quarter valued at $1,047,000. Finally, Rockefeller Capital Management L.P. boosted its position in ProShares Online Retail ETF by 32.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 12,075 shares of the company’s stock valued at $715,000 after acquiring an additional 2,938 shares during the last quarter.
About ProShares Online Retail ETF
The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.
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