SMART Trend 25 ETF (NYSEARCA:STRN) Sees Significant Drop in Short Interest

SMART Trend 25 ETF (NYSEARCA:STRNGet Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,176 shares, a decline of 36.2% from the June 15th total of 1,844 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,470 shares, the days-to-cover ratio is currently 0.1 days.

SMART Trend 25 ETF Stock Performance

Shares of NYSEARCA:STRN opened at $26.08 on Friday. The company has a fifty day moving average of $27.30 and a 200-day moving average of $23.77. The company has a market capitalization of $19.56 million, a PE ratio of -521.60 and a beta of 2.39. SMART Trend 25 ETF has a 52-week low of $19.65 and a 52-week high of $29.08.

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