Short Interest in SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) Rises By 84.5%

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

SmartETFs Sustainable Energy II ETF Stock Down 0.5%

SmartETFs Sustainable Energy II ETF stock opened at $36.83 on Thursday. The company has a market capitalization of $3.68 million, a PE ratio of 29.23 and a beta of 1.18. The firm has a fifty day simple moving average of $33.62 and a two-hundred day simple moving average of $32.62. SmartETFs Sustainable Energy II ETF has a twelve month low of $26.35 and a twelve month high of $37.00.

SmartETFs Sustainable Energy II ETF Company Profile

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.