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

SMART Trend 25 ETF (NYSEARCA:STRNGet Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 114 shares, a decrease of 90.3% from the June 30th total of 1,176 shares. Based on an average daily volume of 16,615 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

SMART Trend 25 ETF Stock Down 1.7%

Shares of STRN stock traded down $0.45 during mid-day trading on Friday, hitting $26.23. 1,972 shares of the company’s stock were exchanged, compared to its average volume of 12,066. The stock has a market cap of $19.67 million, a price-to-earnings ratio of -524.60 and a beta of 2.32. SMART Trend 25 ETF has a fifty-two week low of $19.65 and a fifty-two week high of $29.08. The stock has a 50-day simple moving average of $27.31 and a two-hundred day simple moving average of $23.96.

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