Short Interest in Intech S&P Small-Mid Cap Diversified Alpha ETF (NYSEARCA:SMDX) Declines By 40.6%

Intech S&P Small-Mid Cap Diversified Alpha ETF (NYSEARCA:SMDX) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 2,691 shares, a decline of 40.6% from the December 31st total of 4,527 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 397 shares, the days-to-cover ratio is presently 6.8 days. Based on an average daily trading volume, of 397 shares, the days-to-cover ratio is presently 6.8 days. Currently, 0.1% of the company’s shares are short sold.

Intech S&P Small-Mid Cap Diversified Alpha ETF Stock Up 0.3%

Shares of SMDX traded up $0.08 on Friday, hitting $23.97. 211 shares of the stock traded hands, compared to its average volume of 311. The firm has a market capitalization of $117.45 million, a P/E ratio of 15.81 and a beta of 1.46. Intech S&P Small-Mid Cap Diversified Alpha ETF has a 1 year low of $16.67 and a 1 year high of $24.30. The stock’s 50 day moving average is $23.36 and its two-hundred day moving average is $22.60.

About Intech S&P Small-Mid Cap Diversified Alpha ETF

The Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund of US small- to mid-cap companies found in the S&P 1000 Index. It utilizes volatility, correlation, profitability, and valuations to identify and select stocks. SMDX was launched on Feb 27, 2025 and is issued by Tidal.