ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) Short Interest Update

ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 467 shares, a drop of 98.2% from the January 29th total of 25,581 shares. Based on an average daily trading volume, of 9,826 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 9,826 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of ProShares S&P Global Core Battery Metals ETF

A hedge fund recently bought a new stake in ProShares S&P Global Core Battery Metals ETF stock. Jane Street Group LLC purchased a new stake in shares of ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,477 shares of the company’s stock, valued at approximately $645,000. Jane Street Group LLC owned approximately 4.99% of ProShares S&P Global Core Battery Metals ETF at the end of the most recent quarter.

ProShares S&P Global Core Battery Metals ETF Stock Down 1.2%

Shares of NYSEARCA:ION traded down $0.80 during midday trading on Thursday, reaching $64.13. The company’s stock had a trading volume of 3,670 shares, compared to its average volume of 14,900. The stock has a fifty day moving average of $57.95 and a 200 day moving average of $46.53. ProShares S&P Global Core Battery Metals ETF has a twelve month low of $20.72 and a twelve month high of $66.00. The firm has a market capitalization of $16.03 million, a PE ratio of 16.75 and a beta of 1.01.

About ProShares S&P Global Core Battery Metals ETF

The Proshares S&P Global Core Battery Metals ETF (ION) is an exchange-traded fund that is based on the S&P Global Core Battery Metals index. The fund tracks an index of companies from around the world that are engaged in the mining of base metals used to produce batteries. ION was launched on Nov 29, 2022 and is managed by ProShares.