ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Short Interest Down 19.6% in March
by Jessica Moore · The Cerbat GemProShares Decline of the Retail Store ETF (NYSEARCA:EMTY – Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 6,937 shares, a decline of 19.6% from the March 15th total of 8,626 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average daily volume of 5,443 shares, the days-to-cover ratio is currently 1.3 days.
ProShares Decline of the Retail Store ETF Trading Down 2.6%
Shares of NYSEARCA EMTY traded down $0.31 during trading hours on Friday, hitting $11.41. The company had a trading volume of 2,677 shares, compared to its average volume of 4,768. ProShares Decline of the Retail Store ETF has a 1-year low of $10.89 and a 1-year high of $14.44. The firm’s 50 day moving average is $11.56 and its 200-day moving average is $11.77.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC acquired a new position in shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period.
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.