Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares DB Oil Fund (NYSE:DBO), where 10,799,960 units were destroyed, or a 24.2% decrease week over week. Among the largest underlying components of DBO, in morning trading today Powershares Exchange Traded Fund (NYSE:CLTL) is trading flat.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Short SmallCap600 (NYSE:SBB), which lost 175,319 of its units, representing a 39.5% decline in outstanding units compared to the week prior.
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