Short Interest in ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Increases By 191.3%

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 6,379 shares, a growth of 191.3% from the June 30th total of 2,190 shares. Based on an average daily volume of 1,101 shares, the days-to-cover ratio is currently 5.8 days. Approximately 12.8% of the company’s shares are short sold.

ProShares Supply Chain Logistics ETF Stock Performance

Shares of ProShares Supply Chain Logistics ETF stock traded up $0.10 during trading hours on Monday, hitting $48.37. The company’s stock had a trading volume of 304 shares, compared to its average volume of 962. The stock has a market cap of $2.42 million, a price-to-earnings ratio of 13.60 and a beta of 1.06. ProShares Supply Chain Logistics ETF has a twelve month low of $36.69 and a twelve month high of $50.16. The firm has a fifty day moving average of $46.67 and a 200-day moving average of $44.66.

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.