Short Interest in ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKX) Increases By 138.2%

ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKXGet Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 3,878 shares, an increase of 138.2% from the April 15th total of 1,628 shares. Based on an average daily volume of 607 shares, the short-interest ratio is presently 6.4 days. Approximately 12.9% of the company’s shares are sold short.

ProShares S&P Kensho Smart Factories ETF Trading Down 2.1%

MAKX stock traded down $1.46 during trading on Friday, reaching $67.35. 1,560 shares of the stock were exchanged, compared to its average volume of 1,066. The firm’s 50 day moving average is $57.50 and its 200 day moving average is $54.74. ProShares S&P Kensho Smart Factories ETF has a twelve month low of $38.68 and a twelve month high of $68.81. The firm has a market cap of $2.02 million, a P/E ratio of 24.56 and a beta of 1.51.

About ProShares S&P Kensho Smart Factories ETF

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The ProShares S&P Kensho Smart Factories ETF (MAKX) is an exchange-traded fund that is based on the S&P Kensho Smart Factories index. The fund tracks a modified equal-weighted index of US-listed firms that enable the digitalization of manufacturing. MAKX was launched on Sep 29, 2021 and is managed by ProShares.

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