Short Interest in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Drops By 44.3%

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,103 shares, a drop of 44.3% from the June 15th total of 1,980 shares. Based on an average daily trading volume, of 659 shares, the short-interest ratio is currently 1.7 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Trading of ProShares Decline of the Retail Store ETF

A hedge fund recently bought a new stake in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC acquired a new stake in shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 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 2.5%

EMTY stock traded down $0.62 during trading on Thursday, reaching $23.75. 615 shares of the stock were exchanged, compared to its average volume of 2,434. ProShares Decline of the Retail Store ETF has a twelve month low of $21.78 and a twelve month high of $26.02. The stock has a 50 day simple moving average of $24.27 and a 200-day simple moving average of $23.55.

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.