SmartETFs Smart Transportation & Technology ETF (NYSEARCA:MOTO) Sees Large Decline in Short Interest

SmartETFs Smart Transportation & Technology ETF (NYSEARCA:MOTO) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 269 shares, a decline of 34.9% from the May 31st total of 413 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 162 shares, the days-to-cover ratio is presently 1.7 days.

SmartETFs Smart Transportation & Technology ETF Stock Performance

NYSEARCA:MOTO remained flat at $62.88 during trading hours on Friday. 318 shares of the company’s stock traded hands, compared to its average volume of 299. SmartETFs Smart Transportation & Technology ETF has a 1 year low of $47.04 and a 1 year high of $70.01. The stock has a market cap of $9.43 million, a P/E ratio of 16.55 and a beta of 1.31. The firm has a 50 day moving average price of $65.93 and a 200 day moving average price of $59.93.

About SmartETFs Smart Transportation & Technology ETF

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.