ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKX) Sees Large Drop in Short Interest

ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKX) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 9 shares, a decrease of 99.7% from the August 31st total of 3,319 shares. Based on an average trading volume of 573 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

ProShares S&P Kensho Smart Factories ETF Price Performance

Shares of MAKX traded down $0.08 during mid-day trading on Thursday, hitting $67.50. The company’s stock had a trading volume of 76 shares, compared to its average volume of 1,132. The firm has a 50-day moving average price of $66.61 and a 200 day moving average price of $64.52. The stock has a market capitalization of $5.40 million, a price-to-earnings ratio of 24.56 and a beta of 1.53. ProShares S&P Kensho Smart Factories ETF has a fifty-two week low of $46.88 and a fifty-two week high of $75.53.

ProShares S&P Kensho Smart Factories ETF Company Profile

The ProShares S&P Kensho Smart Factories ETF (MAKX) is an exchange-traded fund that is based on the S&P Kensho Smart Factories index. The fund tracks a modified equal-weighted index of US-listed firms that enable the digitalization of manufacturing. MAKX was launched on Sep 29, 2021 and is managed by ProShares.