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

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 106 shares, a decrease of 14.5% from the December 31st total of 124 shares. Based on an average daily volume of 424 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 424 shares, the short-interest ratio is presently 0.3 days.

ProShares Long Online/Short Stores ETF Stock Performance

Shares of ProShares Long Online/Short Stores ETF stock opened at $59.33 on Tuesday. The stock has a market cap of $7.12 million, a price-to-earnings ratio of 21.88 and a beta of 0.84. The stock has a 50 day moving average price of $60.74 and a 200-day moving average price of $59.00. ProShares Long Online/Short Stores ETF has a one year low of $40.14 and a one year high of $62.85.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC lifted its holdings in shares of ProShares Long Online/Short Stores ETF by 123.3% in the 2nd quarter. SG Americas Securities LLC now owns 24,438 shares of the company’s stock worth $1,272,000 after acquiring an additional 13,493 shares during the last quarter. Raymond James Financial Inc. raised its position in 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 worth $299,000 after purchasing an additional 2,158 shares during the period. Finally, CIBC Private Wealth Group LLC purchased a new stake in ProShares Long Online/Short Stores ETF in the 3rd quarter worth about $45,000.

About ProShares Long Online/Short Stores ETF

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.