ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Short Interest Update

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 315 shares, a drop of 83.9% from the November 30th total of 1,958 shares. Based on an average trading volume of 530 shares, the short-interest ratio is presently 0.6 days. Currently, 1.1% of the company’s stock are sold short. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 530 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On ProShares Supply Chain Logistics ETF

A hedge fund recently bought a new stake in ProShares Supply Chain Logistics ETF stock. Simplex Trading LLC acquired a new stake in shares of ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) during the second quarter, according to its most recent filing with the SEC. The fund acquired 3,002 shares of the company’s stock, valued at approximately $113,000. Simplex Trading LLC owned 12.01% of ProShares Supply Chain Logistics ETF as of its most recent filing with the SEC.

ProShares Supply Chain Logistics ETF Price Performance

Shares of NYSEARCA:SUPL traded down $0.34 during trading on Thursday, reaching $40.32. 249 shares of the stock were exchanged, compared to its average volume of 248. The stock has a fifty day moving average of $38.86 and a two-hundred day moving average of $38.36. ProShares Supply Chain Logistics ETF has a 1-year low of $31.79 and a 1-year high of $40.81. The firm has a market cap of $1.21 million, a price-to-earnings ratio of 13.60 and a beta of 1.13.

About ProShares Supply Chain Logistics ETF

The ProShares Supply Chain Logistics ETF (SUPL) is an exchange-traded fund that is based on the FactSet Supply Chain Logistics index, a market-cap-weighted index of companies involved in the supply chain logistics of raw materials, intermediate goods, and finished products around the globe. SUPL was launched on Apr 6, 2022 and is managed by ProShares.