ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Down 52.3% in July

ProShares Big Data Refiners ETF (NYSEARCA:DATGet Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 693 shares, a decrease of 52.3% from the June 30th total of 1,454 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 949 shares, the days-to-cover ratio is presently 0.7 days.

ProShares Big Data Refiners ETF Stock Performance

Shares of DAT traded up $0.20 during mid-day trading on Tuesday, reaching $43.87. The company had a trading volume of 580 shares, compared to its average volume of 2,300. The company has a market capitalization of $5.26 million, a price-to-earnings ratio of 37.53 and a beta of 1.19. The company’s 50 day simple moving average is $42.53 and its 200 day simple moving average is $39.38. ProShares Big Data Refiners ETF has a 1-year low of $31.88 and a 1-year high of $49.14.

Institutional Trading of ProShares Big Data Refiners ETF

Hedge funds have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC acquired a new position in shares of ProShares Big Data Refiners ETF during the third quarter worth $685,000. Advisory Services Network LLC bought a new stake in ProShares Big Data Refiners ETF during the 3rd quarter worth $126,000. Finally, Jane Street Group LLC grew its position in ProShares Big Data Refiners ETF by 17.2% during the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock worth $279,000 after acquiring an additional 1,037 shares during the last quarter.

ProShares Big Data Refiners ETF Company Profile

(Get Free Report)

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.

Further Reading

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