SH, FLZA: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares Short S&P500, where 15,050,000 units were destroyed, or a 8.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the FLZA ETF, which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.