SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) Short Interest Down 92.7% in May

SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 26 shares, a decrease of 92.7% from the May 14th total of 356 shares. Based on an average daily trading volume, of 627 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

SmartETFs Sustainable Energy II ETF Stock Performance

Shares of NYSEARCA:SOLR traded up $1.30 during trading on Thursday, reaching $35.31. 1,152 shares of the stock traded hands, compared to its average volume of 671. The stock has a 50-day moving average of $34.10 and a two-hundred day moving average of $32.79. SmartETFs Sustainable Energy II ETF has a 52-week low of $26.35 and a 52-week high of $37.00. The stock has a market cap of $3.53 million, a P/E ratio of 28.02 and a beta of 1.18.

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.