SMART Mid Cap ETF (NYSEARCA:SMCP) Sees Significant Decline in Short Interest

SMART Mid Cap ETF (NYSEARCA:SMCP – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 173 shares, a decline of 38.4% from the September 30th total of 281 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,788 shares, the short-interest ratio is currently 0.1 days.

SMART Mid Cap ETF Price Performance

NYSEARCA SMCP traded up $0.40 during trading on Monday, hitting $26.05. 699 shares of the company’s stock traded hands, compared to its average volume of 4,825. The stock has a fifty day moving average of $26.80 and a two-hundred day moving average of $28.47. SMART Mid Cap ETF has a 12-month low of $23.29 and a 12-month high of $28.09. The firm has a market cap of $15.63 million, a P/E ratio of 13.61 and a beta of 1.57.

About SMART Mid Cap ETF

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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.

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