AlphaMark Actively Managed Small Cap ETF (NASDAQ:SMCP) Sees Large Increase in Short Interest

AlphaMark Actively Managed Small Cap ETF (NASDAQ:SMCP) was the recipient of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 2,000 shares, a growth of 66.7% from the July 31st total of 1,200 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On AlphaMark Actively Managed Small Cap ETF

An institutional investor recently raised its position in AlphaMark Actively Managed Small Cap ETF stock. AlphaMark Advisors LLC increased its position in AlphaMark Actively Managed Small Cap ETF (NASDAQ:SMCP) by 3.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 973,477 shares of the company’s stock after purchasing an additional 30,927 shares during the period. AlphaMark Actively Managed Small Cap ETF accounts for 10.8% of AlphaMark Advisors LLC’s portfolio, making the stock its biggest position. AlphaMark Advisors LLC owned approximately 92.71% of AlphaMark Actively Managed Small Cap ETF worth $30,731,000 at the end of the most recent quarter.

AlphaMark Actively Managed Small Cap ETF Stock Down 0.5 %

Shares of SMCP traded down $0.17 during mid-day trading on Wednesday, hitting $32.23. 366 shares of the company’s stock traded hands, compared to its average volume of 2,039. AlphaMark Actively Managed Small Cap ETF has a 1 year low of $23.50 and a 1 year high of $33.75. The firm has a market capitalization of $33.85 million, a P/E ratio of 14.47 and a beta of 1.04. The business’s 50-day moving average price is $31.52 and its 200-day moving average price is $30.83.

AlphaMark Actively Managed Small Cap ETF Company Profile

The AlphaMark Actively Managed Small Cap ETF (SMCP) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively-managed portfolio of ETFs that holds small-cap stocks. SMCP was launched on Apr 21, 2015 and is managed by AlphaMark.