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

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,169 shares, an increase of 23.1% from the February 26th total of 950 shares. Currently, 3.9% of the shares of the stock are sold short. Based on an average trading volume of 430 shares, the days-to-cover ratio is currently 2.7 days.

ProShares Supply Chain Logistics ETF Stock Performance

Shares of NYSEARCA SUPL remained flat at $41.46 during midday trading on Tuesday. The stock had a trading volume of 39 shares, compared to its average volume of 554. The firm has a 50-day moving average price of $43.29 and a two-hundred day moving average price of $40.47. The stock has a market capitalization of $1.24 million, a P/E ratio of 13.60 and a beta of 1.13. ProShares Supply Chain Logistics ETF has a 52 week low of $31.79 and a 52 week high of $45.99.

ProShares Supply Chain Logistics ETF Company Profile

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.