PortfolioPlus S&P 500 ETF (NYSE:PPLC) Shares Shorted: Short Interest Down 57.8% in October

PortfolioPlus S&P 500 ETF (NYSE:PPLC – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 34,339 shares, a drop of 57.8% from the September 30th total of 81,295 shares. Approximately 13.7% of the company’s shares are sold short. Based on an average daily trading volume, of 296,620 shares, the short-interest ratio is currently 0.1 days.

PortfolioPlus S&P 500 ETF Trading Down 1.6%

Shares of PPLC stock traded down $0.76 on Friday, reaching $46.50. 370,675 shares of the stock were exchanged, compared to its average volume of 267,612. PortfolioPlus S&P 500 ETF has a one year low of $43.74 and a one year high of $52.57. The stock has a 50 day moving average price of $45.94 and a 200 day moving average price of $47.66.

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