Short Interest in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Drops By 46.9%

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 464 shares, a drop of 46.9% from the July 15th total of 874 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 1,008 shares, the days-to-cover ratio is presently 0.5 days.

ProShares Decline of the Retail Store ETF Price Performance

Shares of EMTY traded down $0.11 during trading on Tuesday, reaching $23.52. 593 shares of the company traded hands, compared to its average volume of 2,232. The stock has a 50-day simple moving average of $23.79 and a 200-day simple moving average of $23.59. ProShares Decline of the Retail Store ETF has a twelve month low of $21.78 and a twelve month high of $26.02.

ProShares Decline of the Retail Store ETF Company Profile

The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.