SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) Short Interest Up 84.5% in May

SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 356 shares, an increase of 84.5% from the April 30th total of 193 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 591 shares, the short-interest ratio is currently 0.6 days.

SmartETFs Sustainable Energy II ETF Trading Down 0.4%

NYSEARCA:SOLR opened at $35.93 on Tuesday. The company has a 50-day moving average price of $33.36 and a 200-day moving average price of $32.55. SmartETFs Sustainable Energy II ETF has a 12 month low of $25.64 and a 12 month high of $36.14. The stock has a market cap of $3.59 million, a price-to-earnings ratio of 28.52 and a beta of 1.18.

About SmartETFs Sustainable Energy II ETF

The SmartETFs Sustainable Energy II ETF (SOLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed ETF of global stocks focused on alternative or renewable energy, held on approximately an equal-weighted basis. SOLR was launched on Nov 11, 2020 and is managed by SmartETFs.