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

ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKX) was the recipient of a significant decrease in short interest in 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 daily 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 sold short.

ProShares S&P Kensho Smart Factories ETF Stock Performance

ProShares S&P Kensho Smart Factories ETF stock traded up $1.50 during mid-day trading on Friday, hitting $69.00. 686 shares of the company traded hands, compared to its average volume of 1,130. The stock has a fifty day moving average price of $66.61 and a 200-day moving average price of $64.52. ProShares S&P Kensho Smart Factories ETF has a one year low of $46.88 and a one year high of $75.53. The stock has a market cap of $5.52 million, a price-to-earnings ratio of 24.56 and a beta of 1.53.

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.