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

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 124 shares, a decline of 39.5% from the December 15th total of 205 shares. Based on an average daily volume of 534 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 534 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On ProShares Long Online/Short Stores ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of CLIX. SG Americas Securities LLC grew its holdings in shares of ProShares Long Online/Short Stores ETF by 123.3% during the second quarter. SG Americas Securities LLC now owns 24,438 shares of the company’s stock valued at $1,272,000 after purchasing an additional 13,493 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of ProShares Long Online/Short Stores ETF in the 2nd quarter worth approximately $147,000. Finally, CIBC Private Wealth Group LLC acquired a new position in ProShares Long Online/Short Stores ETF during the 3rd quarter valued at approximately $45,000.

ProShares Long Online/Short Stores ETF Stock Down 1.3%

Shares of NYSEARCA:CLIX traded down $0.80 on Friday, reaching $61.18. 523 shares of the company’s stock were exchanged, compared to its average volume of 393. The business’s 50-day moving average is $60.48 and its two-hundred day moving average is $58.28. ProShares Long Online/Short Stores ETF has a fifty-two week low of $40.14 and a fifty-two week high of $62.85. The firm has a market capitalization of $7.34 million, a price-to-earnings ratio of 21.88 and a beta of 0.84.

ProShares Long Online/Short Stores ETF Company Profile

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.