ProShares Online Retail ETF (NYSEARCA:ONLN) Shares Shorted: Short Interest Up 88.0% in September

ProShares Online Retail ETF (NYSEARCA:ONLN) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,295 shares, an increase of 88.0% from the September 15th total of 1,221 shares. Based on an average trading volume of 3,174 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company’s shares are short sold.

ProShares Online Retail ETF Stock Performance

Shares of ProShares Online Retail ETF stock traded down $1.41 on Friday, reaching $57.09. The company had a trading volume of 2,014 shares, compared to its average volume of 7,785. The firm’s 50 day moving average price is $57.17 and its two-hundred day moving average price is $56.96. ProShares Online Retail ETF has a 52-week low of $50.87 and a 52-week high of $63.94. The firm has a market cap of $58.80 million, a PE ratio of 22.53 and a beta of 1.37.

Institutional Trading of ProShares Online Retail ETF

An institutional investor recently raised its stake in ProShares Online Retail ETF stock. Rockefeller Capital Management L.P. grew its position in ProShares Online Retail ETF (NYSEARCA:ONLN) by 32.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,075 shares of the company’s stock after buying an additional 2,938 shares during the quarter. Rockefeller Capital Management L.P. owned 0.99% of ProShares Online Retail ETF worth $715,000 as of its most recent filing with the Securities and Exchange Commission.

About ProShares Online Retail ETF

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.