ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Update
by Jessica Moore · The Cerbat GemProShares Big Data Refiners ETF (NYSEARCA:DAT – Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,604 shares, an increase of 189.5% from the April 30th total of 1,245 shares. Based on an average trading volume of 2,004 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.4% of the shares of the company are short sold.
ProShares Big Data Refiners ETF Trading Up 6.1%
DAT stock traded up $2.57 during trading on Friday, reaching $44.45. The stock had a trading volume of 714 shares, compared to its average volume of 2,096. ProShares Big Data Refiners ETF has a 52 week low of $31.88 and a 52 week high of $49.14. The stock’s 50 day moving average is $36.90 and its two-hundred day moving average is $40.16. The firm has a market cap of $6.67 million, a PE ratio of 37.53 and a beta of 1.12.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Flow Traders U.S. LLC bought a new position in ProShares Big Data Refiners ETF in the third quarter valued at about $685,000. Jane Street Group LLC lifted its holdings in ProShares Big Data Refiners ETF by 17.2% in the first quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock valued at $279,000 after acquiring an additional 1,037 shares during the period. Finally, Advisory Services Network LLC bought a new position in ProShares Big Data Refiners ETF in the third quarter valued at about $126,000.
About ProShares Big Data Refiners ETF
The ProShares Big Data Refiners ETF (DAT) is an exchange-traded fund that is based on the FactSet Big Data Refiners index, a market-cap-weighted index of global companies focusing on the management, storage, usage, and analysis of large structured and unstructured datasets. DAT was launched on Sep 29, 2021 and is managed by ProShares.