ProShares On-Demand ETF (NYSEARCA:OND) Sees Large Increase in Short Interest

ProShares On-Demand ETF (NYSEARCA:OND – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 195 shares, an increase of 84.0% from the September 15th total of 106 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 239 shares, the days-to-cover ratio is currently 0.8 days.

ProShares On-Demand ETF Stock Performance

ProShares On-Demand ETF stock remained flat at $33.32 during midday trading on Friday. ProShares On-Demand ETF has a 12 month low of $32.32 and a 12 month high of $47.28. The firm has a market cap of $2.67 million, a P/E ratio of 36.24 and a beta of 1.22. The business has a 50 day simple moving average of $34.15 and a 200-day simple moving average of $34.47.

About ProShares On-Demand ETF

(Get Free Report)

The ProShares On-Demand ETF (OND) is an exchange-traded fund that is based on the FactSet On-Demand index, a market-cap-weighted index of global stocks that provides on-demand platforms and services to consumers. OND was launched on Oct 26, 2021 and is managed by ProShares.

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