PortfolioPlus S&P 500 ETF (NYSE:PPLC) Stock Short Interest Falls 57.8%

PortfolioPlus S&P 500 ETF (NYSE:PPLC – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 34,339 shares, a decrease of 57.8% from the September 30th total of 81,295 shares. Currently, 13.7% of the shares of the stock 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%

PPLC traded down $0.76 during midday trading on Friday, hitting $46.50. The company had a trading volume of 370,675 shares, compared to its average volume of 267,612. PortfolioPlus S&P 500 ETF has a twelve month low of $43.74 and a twelve month high of $52.57. The firm’s 50-day simple moving average is $45.94 and its 200-day simple moving average is $47.66.

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