SMART Mid Cap ETF (NYSEARCA:SMCP) Sees Large Drop in Short Interest

SMART Mid Cap ETF (NYSEARCA:SMCP) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 33 shares, a drop of 99.4% from the May 31st total of 5,570 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 938 shares, the days-to-cover ratio is currently 0.0 days.

SMART Mid Cap ETF Stock Performance

SMART Mid Cap ETF stock traded up $0.05 during midday trading on Thursday, reaching $24.91. The stock had a trading volume of 3,072 shares, compared to its average volume of 2,256. SMART Mid Cap ETF has a twelve month low of $23.29 and a twelve month high of $25.60. The stock has a market capitalization of $26.16 million, a PE ratio of 13.61 and a beta of 1.04. The stock’s 50-day simple moving average is $27.18 and its 200 day simple moving average is $30.73.

SMART Mid 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 issued by AlphaMark.