ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) Short Interest Update

ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 602 shares, a growth of 28.9% from the February 12th total of 467 shares. Based on an average daily volume of 8,722 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 8,722 shares, the short-interest ratio is presently 0.1 days.

ProShares S&P Global Core Battery Metals ETF Price Performance

ION stock opened at $55.98 on Tuesday. The company’s 50-day moving average is $59.72 and its 200-day moving average is $48.87. The stock has a market capitalization of $14.00 million, a PE ratio of 16.75 and a beta of 1.01. ProShares S&P Global Core Battery Metals ETF has a 1 year low of $20.72 and a 1 year high of $66.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares S&P Global Core Battery Metals ETF stock. Jane Street Group LLC acquired a new stake in ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,341 shares of the company’s stock, valued at approximately $271,000. Jane Street Group LLC owned 11.68% of ProShares S&P Global Core Battery Metals ETF as of its most recent filing with the Securities & Exchange Commission.

ProShares S&P Global Core Battery Metals ETF Company Profile

The Proshares S&P Global Core Battery Metals ETF (ION) is an exchange-traded fund that is based on the S&P Global Core Battery Metals index. The fund tracks an index of companies from around the world that are engaged in the mining of base metals used to produce batteries. ION was launched on Nov 29, 2022 and is managed by ProShares.