PortfolioPlus S&P 500 ETF (NYSE:PPLC) Sees Large Growth in Short Interest

PortfolioPlus S&P 500 ETF (NYSE:PPLC – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 81,295 shares, a growth of 176.8% from the September 15th total of 29,369 shares. Based on an average daily trading volume, of 49,092 shares, the short-interest ratio is presently 1.7 days. Approximately 32.5% of the company’s shares are short sold.

PortfolioPlus S&P 500 ETF Trading Down 0.3%

Shares of PPLC traded down $0.14 during trading hours on Wednesday, hitting $46.24. The stock had a trading volume of 62,666 shares, compared to its average volume of 261,220. The company’s fifty day simple moving average is $46.01 and its 200 day simple moving average is $48.08. PortfolioPlus S&P 500 ETF has a 12-month low of $43.74 and a 12-month high of $52.57.

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