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

SMART Trend 25 ETF (NYSEARCA:STRN – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,935 shares, an increase of 658.8% from the October 15th total of 255 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 26,404 shares, the days-to-cover ratio is currently 0.1 days.

SMART Trend 25 ETF Stock Down 0.7%

Shares of STRN opened at $23.68 on Wednesday. SMART Trend 25 ETF has a 52 week low of $19.65 and a 52 week high of $29.08. The company has a market capitalization of $25.57 million, a price-to-earnings ratio of -473.60 and a beta of 1.86. The stock’s 50-day moving average price is $26.15 and its 200-day moving average price is $25.18.

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