Short Interest in SMART Mid Cap ETF (NYSEARCA:SMCP) Grows By 862.9%

SMART Mid Cap ETF (NYSEARCA:SMCP) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 41,474 shares, a growth of 862.9% from the July 30th total of 4,307 shares. Currently, 23.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,667 shares, the short-interest ratio is currently 1.9 days.

SMART Mid Cap ETF Stock Performance

SMCP stock traded up $0.19 during trading on Tuesday, hitting $26.73. 3,121 shares of the company’s stock traded hands, compared to its average volume of 5,254. SMART Mid Cap ETF has a 52 week low of $23.29 and a 52 week high of $26.93. The stock has a market capitalization of $4.81 million, a price-to-earnings ratio of 13.61 and a beta of 1.58. The business has a fifty day simple moving average of $25.35 and a 200 day simple moving average of $28.52.

About SMART Mid Cap ETF

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.