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

by · The Cerbat Gem

ProShares S&P Kensho Smart Factories ETF (NYSEARCA:MAKX – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 9 shares, a drop 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. Approximately 0.0% of the shares of the stock are short sold.

ProShares S&P Kensho Smart Factories ETF Trading Down 0.1%

NYSEARCA:MAKX traded down $0.08 during midday trading on Thursday, hitting $67.50. 76 shares of the stock were exchanged, compared to its average volume of 1,132. The company 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 one year low of $46.88 and a one year high of $75.53. The business has a 50-day moving average price of $66.61 and a two-hundred day moving average price of $64.52.

ProShares S&P Kensho Smart Factories ETF Company Profile

(Get Free Report)

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.

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