ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Short Interest Down 67.1% in February

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) was the recipient of a large decline in short interest during the month of 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 daily trading volume, of 428 shares, the short-interest ratio is currently 2.2 days. Approximately 3.2% of the company’s shares are sold short. Approximately 3.2% of the company’s shares are sold short. Based on an average daily trading volume, of 428 shares, the short-interest ratio is currently 2.2 days.

ProShares Supply Chain Logistics ETF Price Performance

Shares of SUPL opened at $43.48 on Wednesday. ProShares Supply Chain Logistics ETF has a 1 year low of $31.79 and a 1 year high of $45.99. The company has a market capitalization of $1.30 million, a price-to-earnings ratio of 13.60 and a beta of 1.13. The business has a 50-day moving average of $43.00 and a 200-day moving average of $40.08.

Institutional Inflows and Outflows

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

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.