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

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 233 shares, a drop of 49.8% from the July 30th total of 464 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,254 shares, the days-to-cover ratio is presently 0.2 days.

ProShares Decline of the Retail Store ETF Stock Performance

Shares of ProShares Decline of the Retail Store ETF stock traded down $0.06 on Friday, reaching $24.26. 134 shares of the company were exchanged, compared to its average volume of 2,145. ProShares Decline of the Retail Store ETF has a 1-year low of $21.78 and a 1-year high of $26.02. The stock’s 50 day moving average price is $23.75 and its 200-day moving average price is $23.64.

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.