ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Short Interest Down 78.4% in May

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,025 shares, a decline of 78.4% from the May 14th total of 9,357 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily trading volume, of 4,200 shares, the days-to-cover ratio is presently 0.5 days.

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 bought a new position in shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 25,573 shares of the company’s stock, valued at approximately $312,000. SG Americas Securities LLC owned 10.66% of ProShares Decline of the Retail Store ETF at the end of the most recent quarter.

ProShares Decline of the Retail Store ETF Stock Down 2.1%

EMTY traded down $0.50 during midday trading on Thursday, hitting $23.56. 899 shares of the company were exchanged, compared to its average volume of 2,716. ProShares Decline of the Retail Store ETF has a 1-year low of $21.78 and a 1-year high of $26.20. The firm’s 50 day moving average price is $23.96 and its 200-day moving average price is $23.56.

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.