ProShares Online Retail ETF (NYSEARCA:ONLN) Short Interest Update

ProShares Online Retail ETF (NYSEARCA:ONLN) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 2,934 shares, a decline of 70.5% from the December 15th total of 9,940 shares. Based on an average trading volume of 19,809 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 19,809 shares, the short-interest ratio is presently 0.1 days.

ProShares Online Retail ETF Price Performance

Shares of ProShares Online Retail ETF stock traded down $1.58 during trading on Tuesday, hitting $62.10. The stock had a trading volume of 3,481 shares, compared to its average volume of 11,494. ProShares Online Retail ETF has a 12 month low of $36.21 and a 12 month high of $63.94. The firm’s fifty day simple moving average is $59.62 and its 200-day simple moving average is $58.03. The stock has a market cap of $78.25 million, a PE ratio of 22.53 and a beta of 1.36.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. GeoWealth Management LLC bought a new stake in shares of ProShares Online Retail ETF during the 3rd quarter worth approximately $441,000. UBS Group AG increased its stake in ProShares Online Retail ETF by 3.1% in the third quarter. UBS Group AG now owns 141,825 shares of the company’s stock worth $8,617,000 after purchasing an additional 4,198 shares during the period. Advisors Preferred LLC bought a new stake in shares of ProShares Online Retail ETF during the third quarter worth $71,000. Farther Finance Advisors LLC bought a new stake in shares of ProShares Online Retail ETF during the third quarter worth $50,000. Finally, EWG Elevate Inc. purchased a new stake in shares of ProShares Online Retail ETF during the third quarter valued at $486,000.

ProShares Online Retail ETF Company Profile

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.