Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Short Interest Up 46.9% in July

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 4,700 shares, a growth of 46.9% from the June 30th total of 3,200 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 1.9 days.

Hilton Small-MidCap Opportunity ETF Stock Up 0.1 %

SMCO stock traded up $0.02 during trading on Monday, reaching $24.34. The stock had a trading volume of 4,190 shares, compared to its average volume of 17,433. Hilton Small-MidCap Opportunity ETF has a one year low of $20.12 and a one year high of $25.10. The company’s 50 day moving average is $23.83 and its two-hundred day moving average is $23.16. The company has a market capitalization of $75.45 million, a price-to-earnings ratio of 22.19 and a beta of 1.04.

About Hilton Small-MidCap Opportunity ETF

The Hilton Small-MidCap Opportunity ETF (SMCO) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that focuses on generating returns while minimizing risk through its proprietary Small & Mid Cap Opportunities investment process (SMCO), which attempts to identify undervalued US stocks in the small- and mid-cap space.