Oct 14, 2020 (MarketNewsVideo.com via COMTEX) --
The ProShares ProShares Online Retail ETF is seeing unusually high volume in afternoon trading Wednesday, with over 2.5 million shares traded versus three month average volume of about 126,000. Shares of ONLN were off about 0.8% on the day.
Components of that ETF with the highest volume on Wednesday were JD.COM, trading down about 2% with over 5.0 million shares changing hands so far this session, and Vipshop Holdings, down about 1.6% on volume of over 4.4 million shares. Grubhub is the component faring the best Wednesday, up by about 6.4% on the day, while OVERSTOCK.COM is lagging other components of the ProShares ProShares Online Retail ETF, trading lower by about 3.6%.
The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=20201020201014etfotherONLN&mv=1 .
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