Short Interest in Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Decreases By 37.2%

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 14,615 shares, a decline of 37.2% from the January 15th total of 23,264 shares. Based on an average trading volume of 46,139 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 46,139 shares, the short-interest ratio is presently 0.3 days.

Zacks Small/Mid Cap Core Portfolio ETF Stock Performance

SMIZ traded up $0.69 during midday trading on Friday, hitting $39.76. The company had a trading volume of 5,162 shares, compared to its average volume of 38,795. Zacks Small/Mid Cap Core Portfolio ETF has a twelve month low of $26.33 and a twelve month high of $40.32. The company has a market capitalization of $190.05 million, a PE ratio of 20.70 and a beta of 1.26. The firm’s 50-day simple moving average is $38.49 and its 200-day simple moving average is $37.28.

Zacks Small/Mid Cap Core Portfolio ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were paid a $0.2289 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a yield of 61.0%.

Institutional Investors Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

Several large investors have recently modified their holdings of the business. Cornerstone Planning Group LLC acquired a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF in the 4th quarter valued at about $26,000. CoreCap Advisors LLC grew its holdings in shares of Zacks Small/Mid Cap Core Portfolio ETF by 11,665.5% during the fourth quarter. CoreCap Advisors LLC now owns 3,412 shares of the company’s stock worth $126,000 after buying an additional 3,383 shares in the last quarter. Rossby Financial LCC raised its position in Zacks Small/Mid Cap Core Portfolio ETF by 40.5% in the 4th quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock valued at $386,000 after buying an additional 3,006 shares during the last quarter. Carter Financial Group INC. acquired a new stake in Zacks Small/Mid Cap Core Portfolio ETF in the 2nd quarter valued at approximately $555,000. Finally, Alteri Wealth LLC lifted its stake in Zacks Small/Mid Cap Core Portfolio ETF by 144.8% in the 2nd quarter. Alteri Wealth LLC now owns 24,011 shares of the company’s stock valued at $814,000 after acquiring an additional 14,201 shares in the last quarter.

About Zacks Small/Mid Cap Core Portfolio ETF

The Zacks Small/Mid Cap ETF (SMIZ) is an exchange-traded fund that mostly invests in extended market equity. The fund aims to generate positive risk-adjusted returns by investing in small- and mid-cap US stocks. The actively managed fund selects companies based on analyst agreement, magnitude, upside, and surprise. SMIZ was launched on Oct 3, 2023 and is issued by Zacks.