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

SmartETFs Smart Transportation & Technology ETF (NYSEARCA:MOTO) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 45 shares, a growth of 800.0% from the July 30th total of 5 shares. Based on an average trading volume of 80 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

SmartETFs Smart Transportation & Technology ETF Stock Performance

SmartETFs Smart Transportation & Technology ETF stock remained flat at $61.67 during midday trading on Wednesday. 330 shares of the company were exchanged, compared to its average volume of 275. SmartETFs Smart Transportation & Technology ETF has a twelve month low of $48.20 and a twelve month high of $70.01. The stock has a market cap of $9.25 million, a price-to-earnings ratio of 16.55 and a beta of 1.32. The firm has a 50 day simple moving average of $63.11 and a two-hundred day simple moving average of $61.85.

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.