Short Interest in ProShares Pet Care ETF (BATS:PAWZ) Declines By 85.7%

ProShares Pet Care ETF (BATS:PAWZGet Free Report) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,949 shares, a drop of 85.7% from the June 15th total of 27,572 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 2,019 shares, the short-interest ratio is currently 2.0 days.

ProShares Pet Care ETF Price Performance

Shares of BATS PAWZ opened at $48.56 on Monday. ProShares Pet Care ETF has a 52-week low of $45.96 and a 52-week high of $58.99. The firm has a fifty day moving average of $47.86 and a 200-day moving average of $51.93. The stock has a market capitalization of $52.44 million, a PE ratio of 23.65 and a beta of 1.16.

Institutional Investors Weigh In On ProShares Pet Care ETF

A number of institutional investors have recently added to or reduced their stakes in PAWZ. Royal Bank of Canada increased its stake in ProShares Pet Care ETF by 0.5% during the first quarter. Royal Bank of Canada now owns 38,065 shares of the company’s stock worth $1,989,000 after acquiring an additional 207 shares during the last quarter. Paller Financial Services Inc acquired a new position in shares of ProShares Pet Care ETF in the 4th quarter valued at about $2,022,000. SG Americas Securities LLC lifted its stake in shares of ProShares Pet Care ETF by 21.9% in the 4th quarter. SG Americas Securities LLC now owns 30,548 shares of the company’s stock valued at $1,670,000 after purchasing an additional 5,497 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of ProShares Pet Care ETF by 697.3% during the 2nd quarter. Bank of America Corp DE now owns 28,353 shares of the company’s stock worth $1,642,000 after purchasing an additional 24,797 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of ProShares Pet Care ETF during the 3rd quarter worth about $603,000.

ProShares Pet Care ETF Company Profile

(Get Free Report)

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.

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