ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION – Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 1,121 shares, a growth of 224.0% from the March 15th total of 346 shares. Based on an average trading volume of 5,823 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the company’s shares are sold short.
ProShares S&P Global Core Battery Metals ETF Price Performance
ION remained flat at $60.27 during trading on Monday. The company’s stock had a trading volume of 1,415 shares, compared to its average volume of 11,188. The firm’s 50 day simple moving average is $57.76 and its 200 day simple moving average is $51.49. The company has a market capitalization of $15.07 million, a P/E ratio of 16.75 and a beta of 0.96. ProShares S&P Global Core Battery Metals ETF has a twelve month low of $23.31 and a twelve month high of $66.00.
Hedge Funds Weigh In On ProShares S&P Global Core Battery Metals ETF
An institutional investor recently bought a new position in ProShares S&P Global Core Battery Metals ETF stock. Jane Street Group LLC acquired a new position in ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,341 shares of the company’s stock, valued at approximately $271,000. Jane Street Group LLC owned approximately 11.68% 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 Company Profile
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.
Further Reading
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