ProShares Big Data Refiners ETF (NYSEARCA:DAT) Short Interest Down 52.3% in July

ProShares Big Data Refiners ETF (NYSEARCA:DAT) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 693 shares, a decrease of 52.3% from the June 30th total of 1,454 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 949 shares, the days-to-cover ratio is presently 0.7 days.

ProShares Big Data Refiners ETF Trading Down 0.2%

DAT stock traded down $0.07 during trading on Thursday, reaching $44.61. 483 shares of the stock were exchanged, compared to its average volume of 2,350. ProShares Big Data Refiners ETF has a twelve month low of $31.88 and a twelve month high of $49.14. The company has a market capitalization of $5.35 million, a P/E ratio of 37.53 and a beta of 1.19. The stock has a 50 day simple moving average of $42.77 and a 200-day simple moving average of $39.36.

Institutional Investors Weigh In On ProShares Big Data Refiners ETF

Several institutional investors have recently modified their holdings of DAT. Advisory Services Network LLC bought a new position in ProShares Big Data Refiners ETF during the third quarter worth about $126,000. Jane Street Group LLC increased 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 worth $279,000 after purchasing an additional 1,037 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in ProShares Big Data Refiners ETF in the third quarter worth $685,000.

ProShares Big Data Refiners ETF Company Profile

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.