Short Interest in ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Rises By 479.3%

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPLGet Free Report) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 1,703 shares, an increase of 479.3% from the January 15th total of 294 shares. Based on an average daily trading volume, of 331 shares, the days-to-cover ratio is currently 5.1 days. Currently, 5.7% of the shares of the stock are sold short. Currently, 5.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 331 shares, the days-to-cover ratio is currently 5.1 days.

ProShares Supply Chain Logistics ETF Stock Performance

NYSEARCA SUPL traded up $0.19 on Tuesday, hitting $44.96. The stock had a trading volume of 2,228 shares, compared to its average volume of 775. ProShares Supply Chain Logistics ETF has a 52-week low of $31.79 and a 52-week high of $45.21. The company has a market capitalization of $1.35 million, a price-to-earnings ratio of 13.60 and a beta of 1.13. The firm has a 50-day moving average of $41.21 and a 200-day moving average of $39.14.

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:SUPLFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 Securities and Exchange Commission (SEC).

About ProShares Supply Chain Logistics ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for ProShares Supply Chain Logistics ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Supply Chain Logistics ETF and related companies with MarketBeat.com's FREE daily email newsletter.