Short Interest in ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) Rises By 191.3%

ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 6,379 shares, an increase of 191.3% from the June 30th total of 2,190 shares. Based on an average trading volume of 1,101 shares, the days-to-cover ratio is presently 5.8 days. Currently, 12.8% of the company’s shares are sold short.

ProShares Supply Chain Logistics ETF Trading Up 0.2%

ProShares Supply Chain Logistics ETF stock traded up $0.10 during midday trading on Monday, hitting $48.37. 304 shares of the stock were exchanged, compared to its average volume of 962. ProShares Supply Chain Logistics ETF has a fifty-two week low of $36.69 and a fifty-two week high of $50.16. The stock has a market capitalization of $2.42 million, a price-to-earnings ratio of 13.60 and a beta of 1.06. The stock’s 50-day simple moving average is $46.67 and its 200 day simple moving average is $44.66.

About ProShares Supply Chain Logistics ETF

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.