SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) Sees Large Growth in Short Interest

SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 193 shares, an increase of 94.9% from the April 15th total of 99 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 331 shares, the short-interest ratio is currently 0.6 days.

SmartETFs Sustainable Energy II ETF Stock Down 0.6%

Shares of SOLR stock traded down $0.21 during trading hours on Monday, hitting $34.30. 91 shares of the company were exchanged, compared to its average volume of 702. The firm has a market cap of $3.43 million, a PE ratio of 27.22 and a beta of 1.18. SmartETFs Sustainable Energy II ETF has a 1 year low of $25.43 and a 1 year high of $35.49. The firm has a fifty day moving average of $32.50 and a 200 day moving average of $32.29.

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.