ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Sees Significant Increase in Short Interest

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIXGet Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 367 shares, a growth of 2,723.1% from the June 15th total of 13 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 379 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CLIX. Raymond James Financial Inc. grew its position in shares of ProShares Long Online/Short Stores ETF by 76.5% in the 3rd quarter. Raymond James Financial Inc. now owns 4,978 shares of the company’s stock valued at $299,000 after buying an additional 2,158 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of ProShares Long Online/Short Stores ETF in the third quarter worth approximately $45,000. Finally, SG Americas Securities LLC boosted its holdings in ProShares Long Online/Short Stores ETF by 10.9% in the first quarter. SG Americas Securities LLC now owns 10,526 shares of the company’s stock valued at $562,000 after acquiring an additional 1,034 shares during the last quarter.

ProShares Long Online/Short Stores ETF Price Performance

Shares of ProShares Long Online/Short Stores ETF stock traded down $0.32 during trading on Friday, hitting $58.34. The company’s stock had a trading volume of 117 shares, compared to its average volume of 549. ProShares Long Online/Short Stores ETF has a 52 week low of $50.29 and a 52 week high of $62.85. The stock has a market cap of $7.00 million, a price-to-earnings ratio of 21.88 and a beta of 0.92. The stock has a 50-day moving average price of $57.19 and a two-hundred day moving average price of $56.99.

About ProShares Long Online/Short Stores ETF

(Get Free Report)

The ProShares Long Online\u002FShort Stores ETF (CLIX) is an exchange-traded fund that is based on the ProShares Long Online\u002FShort Stores index. The fund tracks a fixed-selection, tier-weighted index of both long and short positions in US-listed securities. CLIX was launched on Nov 14, 2017 and is managed by ProShares.

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