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

SMART Trend 25 ETF (NYSEARCA:STRNGet Free Report) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,782 shares, an increase of 127.6% from the May 14th total of 783 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 6,883 shares, the short-interest ratio is currently 0.3 days.

SMART Trend 25 ETF Trading Up 1.2%

Shares of STRN opened at $27.49 on Friday. SMART Trend 25 ETF has a twelve month low of $19.65 and a twelve month high of $29.08. The firm has a market capitalization of $16.49 million, a P/E ratio of -549.80 and a beta of 2.36. The stock’s fifty day simple moving average is $25.18 and its 200 day simple moving average is $22.87.

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