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

SmartETFs Smart Transportation & Technology ETF (NYSEARCA:MOTO) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 5 shares, a drop of 95.9% from the July 15th total of 121 shares. Based on an average trading volume of 224 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

SmartETFs Smart Transportation & Technology ETF Trading Up 0.1%

Shares of MOTO stock traded up $0.08 during trading hours on Tuesday, hitting $63.49. 65 shares of the company’s stock were exchanged, compared to its average volume of 283. The company has a market capitalization of $9.52 million, a PE ratio of 16.55 and a beta of 1.32. SmartETFs Smart Transportation & Technology ETF has a 12-month low of $48.20 and a 12-month high of $70.01. The business’s 50 day simple moving average is $63.92 and its 200-day simple moving average is $61.47.

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.