ProShares Nanotechnology ETF (NYSEARCA:TINY) Short Interest Update

ProShares Nanotechnology ETF (NYSEARCA:TINY) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 30,298 shares, a growth of 432.0% from the May 31st total of 5,695 shares. Approximately 30.3% of the company’s stock are short sold. Based on an average daily volume of 22,035 shares, the short-interest ratio is presently 1.4 days.

ProShares Nanotechnology ETF Trading Down 2.7%

ProShares Nanotechnology ETF stock traded down $2.48 during midday trading on Friday, hitting $89.55. The stock had a trading volume of 21,441 shares, compared to its average volume of 5,609. The stock has a market cap of $8.96 million, a P/E ratio of -168.96 and a beta of 1.59. ProShares Nanotechnology ETF has a 12 month low of $42.80 and a 12 month high of $96.88. The business has a fifty day moving average price of $81.97 and a 200 day moving average price of $68.73.

Institutional Investors Weigh In On ProShares Nanotechnology ETF

A number of institutional investors have recently made changes to their positions in TINY. International Assets Investment Management LLC acquired a new stake in shares of ProShares Nanotechnology ETF during the 1st quarter valued at approximately $50,000. Jane Street Group LLC boosted its holdings in ProShares Nanotechnology ETF by 15.7% in the first quarter. Jane Street Group LLC now owns 15,685 shares of the company’s stock worth $592,000 after purchasing an additional 2,126 shares during the period. Flow Traders U.S. LLC increased its stake in ProShares Nanotechnology ETF by 2.1% during the third quarter. Flow Traders U.S. LLC now owns 12,514 shares of the company’s stock valued at $636,000 after purchasing an additional 263 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in ProShares Nanotechnology ETF by 5.9% during the fourth quarter. SG Americas Securities LLC now owns 16,897 shares of the company’s stock valued at $899,000 after purchasing an additional 935 shares during the last quarter. 34.48% of the stock is currently owned by institutional investors.

ProShares Nanotechnology ETF Company Profile

The ProShares Nanotechnology ETF (TINY) is an exchange-traded fund that is based on the Solactive Nanotechnology index, a market-cap-weighted index of 30 securities from developed markets involved in nanoscale technology. TINY was launched on Oct 26, 2021 and is managed by ProShares.