ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Short Interest Up 18.9% in March

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPLGet Free Report) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,390 shares, an increase of 18.9% from the March 15th total of 1,169 shares. Based on an average daily volume of 147 shares, the days-to-cover ratio is presently 9.5 days. Approximately 4.6% of the company’s stock are sold short.

ProShares Supply Chain Logistics ETF Stock Up 1.7%

ProShares Supply Chain Logistics ETF stock traded up $0.76 during trading on Friday, reaching $45.87. The stock had a trading volume of 1,275 shares, compared to its average volume of 646. ProShares Supply Chain Logistics ETF has a 52-week low of $33.87 and a 52-week high of $46.15. The business has a 50 day moving average price of $43.75 and a 200 day moving average price of $40.97. The stock has a market cap of $1.38 million, a PE ratio of 13.60 and a beta of 1.10.

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.

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