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

SmartETFs Smart Transportation & Technology ETF (NYSEARCA:MOTO) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 70 shares, a decrease of 74.0% from the June 15th total of 269 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 201 shares, the days-to-cover ratio is presently 0.3 days.

SmartETFs Smart Transportation & Technology ETF Stock Performance

MOTO traded down $1.60 on Monday, hitting $62.25. 264 shares of the company were exchanged, compared to its average volume of 292. The firm has a fifty day simple moving average of $65.88 and a two-hundred day simple moving average of $60.44. The stock has a market capitalization of $9.34 million, a PE ratio of 16.55 and a beta of 1.31. SmartETFs Smart Transportation & Technology ETF has a 12 month low of $47.04 and a 12 month high of $70.01.

About SmartETFs Smart Transportation & Technology ETF

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.