SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) Short Interest Up 94.9% in April

SmartETFs Sustainable Energy II ETF (NYSEARCA:SOLR) saw a significant increase in short interest in 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. Based on an average daily trading volume, of 331 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.

SmartETFs Sustainable Energy II ETF Trading Down 2.5%

NYSEARCA SOLR traded down $0.87 on Friday, hitting $34.51. 751 shares of the company were exchanged, compared to its average volume of 709. The firm has a 50 day moving average of $32.50 and a two-hundred day moving average of $32.29. The company has a market cap of $3.45 million, a P/E ratio of 27.39 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.

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.