ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Sees Large Decrease in Short Interest

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,103 shares, a decrease of 44.3% from the June 15th total of 1,980 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 659 shares, the days-to-cover ratio is currently 1.7 days.

ProShares Decline of the Retail Store ETF Price Performance

NYSEARCA EMTY traded up $0.09 during trading hours on Friday, hitting $23.84. The company had a trading volume of 3,815 shares, compared to its average volume of 2,424. ProShares Decline of the Retail Store ETF has a fifty-two week low of $21.78 and a fifty-two week high of $26.02. The business has a fifty day simple moving average of $24.27 and a 200-day simple moving average of $23.55.

Institutional Trading of ProShares Decline of the Retail Store ETF

An institutional investor recently bought a new stake in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC acquired a new stake in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 25,573 shares of the company’s stock, valued at approximately $312,000. SG Americas Securities LLC owned about 10.66% of ProShares Decline of the Retail Store ETF as of its most recent SEC filing.

About ProShares Decline of the Retail Store ETF

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.