Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Short Interest Up 49.7% in March

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 11,388 shares, a growth of 49.7% from the February 26th total of 7,607 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 26,332 shares, the days-to-cover ratio is presently 0.4 days.

Zacks Small/Mid Cap Core Portfolio ETF Trading Down 1.1%

Shares of NYSEARCA SMIZ traded down $0.40 during trading hours on Friday, reaching $36.36. The stock had a trading volume of 37,106 shares, compared to its average volume of 35,431. The firm has a market cap of $173.80 million, a price-to-earnings ratio of 20.70 and a beta of 1.26. Zacks Small/Mid Cap Core Portfolio ETF has a fifty-two week low of $26.33 and a fifty-two week high of $40.32. The firm has a 50-day moving average of $38.62 and a 200-day moving average of $37.87.

Hedge Funds Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

Large investors have recently bought and sold shares of the company. von Borstel & Associates Inc. acquired a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF in the 3rd quarter worth approximately $5,593,000. Carter Financial Group INC. purchased a new position in Zacks Small/Mid Cap Core Portfolio ETF in the 2nd quarter valued at approximately $555,000. Alteri Wealth LLC raised its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 52.3% during the third quarter. Alteri Wealth LLC now owns 36,565 shares of the company’s stock worth $1,366,000 after purchasing an additional 12,554 shares during the last quarter. Strategic Blueprint LLC raised its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 12.6% during the third quarter. Strategic Blueprint LLC now owns 63,219 shares of the company’s stock worth $2,361,000 after purchasing an additional 7,052 shares during the last quarter. Finally, Strive Financial Group LLC purchased a new stake in Zacks Small/Mid Cap Core Portfolio ETF during the fourth quarter worth $1,529,000.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

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.