Short Interest in ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Drops By 67.1%

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPLGet Free Report) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 950 shares, a decline of 67.1% from the February 12th total of 2,884 shares. Based on an average trading volume of 428 shares, the short-interest ratio is currently 2.2 days. Currently, 3.2% of the shares of the stock are short sold. Currently, 3.2% of the shares of the stock are short sold. Based on an average trading volume of 428 shares, the short-interest ratio is currently 2.2 days.

ProShares Supply Chain Logistics ETF Trading Down 0.6%

SUPL traded down $0.24 on Friday, hitting $42.03. 140 shares of the company’s stock traded hands, compared to its average volume of 644. The company’s 50 day simple moving average is $43.11 and its 200-day simple moving average is $40.12. ProShares Supply Chain Logistics ETF has a one year low of $31.79 and a one year high of $45.99. The firm has a market cap of $1.26 million, a price-to-earnings ratio of 13.60 and a beta of 1.13.

Institutional Trading of ProShares Supply Chain Logistics ETF

A hedge fund recently bought a new stake in ProShares Supply Chain Logistics ETF stock. Simplex Trading LLC acquired a new stake in shares of ProShares Supply Chain Logistics ETF (NYSEARCA:SUPLFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,002 shares of the company’s stock, valued at approximately $113,000. Simplex Trading LLC owned approximately 12.01% of ProShares Supply Chain Logistics ETF as of its most recent SEC filing.

ProShares Supply Chain Logistics ETF Company Profile

(Get Free Report)

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.

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