Short Interest in SmartETFs Smart Transportation & Technology ETF (NYSEARCA:MOTO) Increases By 504.2%

SmartETFs Smart Transportation & Technology ETF (NYSEARCA:MOTO) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 580 shares, an increase of 504.2% from the April 30th total of 96 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 418 shares, the short-interest ratio is currently 1.4 days.

SmartETFs Smart Transportation & Technology ETF Price Performance

SmartETFs Smart Transportation & Technology ETF stock traded down $0.49 during mid-day trading on Friday, hitting $68.65. The company’s stock had a trading volume of 94 shares, compared to its average volume of 326. SmartETFs Smart Transportation & Technology ETF has a 52-week low of $44.11 and a 52-week high of $69.22. The firm’s 50 day moving average is $61.61 and its 200 day moving average is $57.64. The company has a market cap of $10.30 million, a PE ratio of 16.55 and a beta of 1.31.

SmartETFs Smart Transportation & Technology ETF Company Profile

The SmartETFs Smart Transportation & Technology ETF (MOTO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund which has exposure to global companies involved in the advancement of transportation. MOTO was launched on Nov 15, 2019 and is managed by SmartETFs.