ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) Short Interest Down 35.2% in May

ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 59 shares, a decrease of 35.2% from the May 14th total of 91 shares. Based on an average daily volume of 221 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CLIX. SG Americas Securities LLC increased its holdings in shares of ProShares Long Online/Short Stores ETF by 248.8% in the 4th quarter. SG Americas Securities LLC now owns 9,492 shares of the company’s stock valued at $574,000 after acquiring an additional 6,771 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of ProShares Long Online/Short Stores ETF in the 2nd quarter valued at about $147,000. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of ProShares Long Online/Short Stores ETF in the 3rd quarter valued at about $45,000.

ProShares Long Online/Short Stores ETF Trading Down 1.1%

Shares of NYSEARCA:CLIX opened at $55.33 on Thursday. ProShares Long Online/Short Stores ETF has a 52 week low of $50.16 and a 52 week high of $62.85. The company’s 50 day moving average is $57.96 and its two-hundred day moving average is $57.46. The company has a market cap of $6.64 million, a PE ratio of 21.88 and a beta of 0.92.

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.