ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) Short Interest Update

ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 467 shares, a drop of 98.2% from the January 29th total of 25,581 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 9,826 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 9,826 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Trading of ProShares S&P Global Core Battery Metals ETF

A hedge fund recently bought a new stake in ProShares S&P Global Core Battery Metals ETF stock. Jane Street Group LLC purchased a new position in ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 12,477 shares of the company’s stock, valued at approximately $645,000. Jane Street Group LLC owned 4.99% of ProShares S&P Global Core Battery Metals ETF at the end of the most recent quarter.

ProShares S&P Global Core Battery Metals ETF Stock Up 4.4%

Shares of ProShares S&P Global Core Battery Metals ETF stock traded up $2.71 during trading hours on Wednesday, reaching $64.93. 5,827 shares of the stock traded hands, compared to its average volume of 15,209. ProShares S&P Global Core Battery Metals ETF has a one year low of $20.72 and a one year high of $66.00. The firm has a market capitalization of $16.23 million, a price-to-earnings ratio of 16.75 and a beta of 1.01. The company has a 50 day moving average price of $57.95 and a 200 day moving average price of $46.53.

ProShares S&P Global Core Battery Metals ETF Company Profile

The Proshares S&P Global Core Battery Metals ETF (ION) is an exchange-traded fund that is based on the S&P Global Core Battery Metals index. The fund tracks an index of companies from around the world that are engaged in the mining of base metals used to produce batteries. ION was launched on Nov 29, 2022 and is managed by ProShares.