ProShares Nanotechnology ETF (NYSEARCA:TINY) Short Interest Update

ProShares Nanotechnology ETF (NYSEARCA:TINY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 30,298 shares, an increase of 432.0% from the May 31st total of 5,695 shares. Currently, 30.3% of the company’s stock are short sold. Based on an average daily volume of 22,035 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new stake in shares of ProShares Nanotechnology ETF during the 1st quarter worth approximately $50,000. Jane Street Group LLC boosted its holdings in shares of ProShares Nanotechnology ETF by 15.7% in the 1st quarter. Jane Street Group LLC now owns 15,685 shares of the company’s stock valued at $592,000 after buying an additional 2,126 shares during the last quarter. Flow Traders U.S. LLC grew its stake in shares of ProShares Nanotechnology ETF by 2.1% in the third quarter. Flow Traders U.S. LLC now owns 12,514 shares of the company’s stock valued at $636,000 after buying an additional 263 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of ProShares Nanotechnology ETF by 5.9% in the fourth quarter. SG Americas Securities LLC now owns 16,897 shares of the company’s stock valued at $899,000 after buying an additional 935 shares in the last quarter. Institutional investors and hedge funds own 34.48% of the company’s stock.

ProShares Nanotechnology ETF Price Performance

Shares of NYSEARCA:TINY opened at $89.55 on Friday. The company’s 50-day moving average price is $81.97 and its two-hundred day moving average price is $68.73. ProShares Nanotechnology ETF has a one year low of $42.80 and a one year high of $96.88. The stock has a market capitalization of $8.96 million, a PE ratio of -168.96 and a beta of 1.59.

ProShares Nanotechnology ETF Company Profile

The ProShares Nanotechnology ETF (TINY) is an exchange-traded fund that is based on the Solactive Nanotechnology index, a market-cap-weighted index of 30 securities from developed markets involved in nanoscale technology. TINY was launched on Oct 26, 2021 and is managed by ProShares.