ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Update

ProShares Big Data Refiners ETF (NYSEARCA:DAT) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,604 shares, an increase of 189.5% from the April 30th total of 1,245 shares. Based on an average trading volume of 2,004 shares, the short-interest ratio is presently 1.8 days. Currently, 2.4% of the shares of the company are short sold.

Institutional Trading of ProShares Big Data Refiners ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DAT. Flow Traders U.S. LLC purchased a new stake in ProShares Big Data Refiners ETF in the third quarter worth about $685,000. Advisory Services Network LLC bought a new stake in ProShares Big Data Refiners ETF during the 3rd quarter worth approximately $126,000. Finally, Jane Street Group LLC raised its stake 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 period.

ProShares Big Data Refiners ETF Price Performance

Shares of DAT stock opened at $44.45 on Monday. ProShares Big Data Refiners ETF has a 1 year low of $31.88 and a 1 year high of $49.14. The firm has a fifty day moving average price of $36.90 and a 200-day moving average price of $40.10. The company has a market cap of $6.67 million, a price-to-earnings ratio of 37.53 and a beta of 1.12.

About ProShares Big Data Refiners ETF

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.