ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Short Interest Down 45.2% in April

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,277 shares, a decrease of 45.2% from the April 15th total of 2,330 shares. Based on an average trading volume of 4,252 shares, the short-interest ratio is presently 0.3 days. Approximately 2.6% of the shares of the company are short sold.

ProShares Supply Chain Logistics ETF Stock Performance

Shares of ProShares Supply Chain Logistics ETF stock traded down $0.23 during trading on Monday, reaching $44.71. The company’s stock had a trading volume of 4,536 shares, compared to its average volume of 957. The business’s fifty day moving average price is $43.89 and its 200-day moving average price is $42.09. The firm has a market cap of $2.24 million, a price-to-earnings ratio of 13.60 and a beta of 1.07. ProShares Supply Chain Logistics ETF has a one year low of $36.69 and a one year high of $48.69.

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.