ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Short Interest Update

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 741 shares, an increase of 135.2% from the December 15th total of 315 shares. Currently, 2.5% of the company’s shares are short sold. Based on an average daily volume of 285 shares, the short-interest ratio is currently 2.6 days. Based on an average daily volume of 285 shares, the short-interest ratio is currently 2.6 days. Currently, 2.5% of the company’s shares are short sold.

Hedge Funds Weigh In On ProShares Supply Chain Logistics ETF

An institutional investor recently bought a new position in ProShares Supply Chain Logistics ETF stock. Simplex Trading LLC bought a new position in shares of ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,002 shares of the company’s stock, valued at approximately $113,000. Simplex Trading LLC owned 12.01% of ProShares Supply Chain Logistics ETF as of its most recent SEC filing.

ProShares Supply Chain Logistics ETF Stock Up 0.1%

Shares of SUPL stock traded up $0.04 on Wednesday, hitting $41.40. The stock had a trading volume of 412 shares, compared to its average volume of 745. The business has a 50 day moving average price of $39.61 and a 200 day moving average price of $38.63. ProShares Supply Chain Logistics ETF has a one year low of $31.79 and a one year high of $42.14. The company has a market cap of $1.24 million, a PE ratio of 13.60 and a beta of 1.13.

About ProShares Supply Chain Logistics ETF

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.