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

ProShares Big Data Refiners ETF (NYSEARCA:DAT) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 3,680 shares, a drop of 21.8% from the December 15th total of 4,704 shares. Approximately 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,021 shares, the days-to-cover ratio is currently 3.6 days. Based on an average daily trading volume, of 1,021 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.5% of the company’s stock are sold short.

ProShares Big Data Refiners ETF Stock Performance

NYSEARCA DAT traded down $1.17 during trading on Tuesday, hitting $42.26. The stock had a trading volume of 377 shares, compared to its average volume of 1,316. ProShares Big Data Refiners ETF has a 12 month low of $33.03 and a 12 month high of $49.14. The company’s 50-day moving average price is $45.14 and its two-hundred day moving average price is $46.24. The company has a market capitalization of $6.34 million, a PE ratio of 37.53 and a beta of 1.17.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new position in ProShares Big Data Refiners ETF in the third quarter valued at $126,000. Jane Street Group LLC boosted its stake in shares of 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 buying an additional 1,037 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of ProShares Big Data Refiners ETF in the 3rd quarter valued at about $685,000.

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.