Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Short Interest Down 57.1% in July

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 20,766 shares, a decrease of 57.1% from the June 30th total of 48,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 264,846 shares, the days-to-cover ratio is presently 0.1 days.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Performance

Shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF stock traded up $0.12 on Tuesday, reaching $33.48. 183,544 shares of the company were exchanged, compared to its average volume of 253,497. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 20.09 and a beta of 0.82. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 1-year low of $27.66 and a 1-year high of $33.70. The company’s 50-day moving average is $32.45 and its two-hundred day moving average is $31.16.

Institutional Investors Weigh In On Bahl & Gaynor Small/Mid Cap Income Growth ETF

Hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC acquired a new position in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the fourth quarter valued at $27,000. Cornerstone Financial Management LLC bought a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter valued at about $81,000. Arkadios Wealth Advisors acquired a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter valued at about $218,000. Janney Montgomery Scott LLC boosted its stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,317 shares of the company’s stock valued at $470,000 after purchasing an additional 2,656 shares during the period. Finally, Transcend Capital Advisors LLC bought a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth about $1,338,000.

About Bahl & Gaynor Small/Mid Cap Income Growth ETF

The AAM Bahl & Gaynor Small\u002FMid Cap Income Growth ETF (SMIG) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that invests in US mid and small-cap companies that selects and weights securities based on the advisers assessment. SMIG was launched on Aug 25, 2021 and is managed by AAM.