ProShares Smart Materials ETF (NYSEARCA:TINT) Shares Shorted: Short Interest Down 79.4% in September

ProShares Smart Materials ETF (NYSEARCA:TINT – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 183 shares, a decrease of 79.4% from the August 31st total of 888 shares. Based on an average daily trading volume, of 401 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are sold short.

ProShares Smart Materials ETF Stock Performance

ProShares Smart Materials ETF stock traded up $0.37 during mid-day trading on Friday, hitting $38.52. The company’s stock had a trading volume of 18 shares, compared to its average volume of 589. The company has a 50 day moving average of $39.46 and a 200-day moving average of $39.14. The stock has a market cap of $1.93 million, a PE ratio of 18.76 and a beta of 1.23. ProShares Smart Materials ETF has a one year low of $30.96 and a one year high of $42.55.

About ProShares Smart Materials ETF

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The ProShares Smart Materials ETF (TINT) is an exchange-traded fund that is based on the Solactive Smart Materials index. The fund tracks a market-cap weighted index of global companies that have significant exposure to smart materials, also known as intelligent or responsive materials. TINT was launched on Oct 26, 2021 and is managed by ProShares.

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