ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Sees Significant Decrease in Short Interest

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 13 shares, a decline of 78.0% from the May 31st total of 59 shares. Based on an average daily volume of 481 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

ProShares Long Online/Short Stores ETF Trading Up 0.7%

Shares of CLIX opened at $54.58 on Friday. The firm has a fifty day simple moving average of $57.83 and a two-hundred day simple moving average of $57.23. ProShares Long Online/Short Stores ETF has a 1-year low of $50.29 and a 1-year high of $62.85. The firm has a market cap of $6.55 million, a PE ratio of 21.88 and a beta of 0.92.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of ProShares Long Online/Short Stores ETF in the second quarter valued at $147,000. CIBC Private Wealth Group LLC bought a new position in ProShares Long Online/Short Stores ETF during the third quarter valued at $45,000. Finally, SG Americas Securities LLC lifted its position in ProShares Long Online/Short Stores ETF by 248.8% during the fourth quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock valued at $574,000 after purchasing an additional 6,771 shares during the last quarter.

About ProShares Long Online/Short Stores ETF

The ProShares Long Online\u002FShort Stores ETF (CLIX) is an exchange-traded fund that is based on the ProShares Long Online\u002FShort Stores index. The fund tracks a fixed-selection, tier-weighted index of both long and short positions in US-listed securities. CLIX was launched on Nov 14, 2017 and is managed by ProShares.