ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Short Interest Up 479.3% in January

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPLGet Free Report) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 1,703 shares, a growth of 479.3% from the January 15th total of 294 shares. Based on an average daily volume of 331 shares, the short-interest ratio is currently 5.1 days. Currently, 5.7% of the company’s stock are sold short. Currently, 5.7% of the company’s stock are sold short. Based on an average daily volume of 331 shares, the short-interest ratio is currently 5.1 days.

ProShares Supply Chain Logistics ETF Stock Up 0.4%

NYSEARCA SUPL opened at $44.96 on Wednesday. The firm’s 50 day moving average is $41.21 and its 200-day moving average is $39.14. ProShares Supply Chain Logistics ETF has a 12-month low of $31.79 and a 12-month high of $45.21. The company has a market capitalization of $1.35 million, a PE ratio of 13.60 and a beta of 1.13.

Institutional Investors 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 purchased a new position in shares of ProShares Supply Chain Logistics ETF (NYSEARCA:SUPLFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,002 shares of the company’s stock, valued at approximately $113,000. Simplex Trading LLC owned about 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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