ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKX) Sees Significant Drop in Short Interest

ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKX) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 9 shares, a decline of 99.7% from the August 31st total of 3,319 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 573 shares, the short-interest ratio is presently 0.0 days.

ProShares S&P Kensho Smart Factories ETF Price Performance

Shares of ProShares S&P Kensho Smart Factories ETF stock opened at $68.98 on Friday. ProShares S&P Kensho Smart Factories ETF has a 1 year low of $46.88 and a 1 year high of $75.53. The company has a market capitalization of $5.52 million, a P/E ratio of 24.56 and a beta of 1.53. The business has a 50 day moving average price of $66.70 and a 200 day moving average price of $64.55.

About ProShares S&P Kensho Smart Factories ETF

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.