Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Stock Short Interest Report for October

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 3,101 shares, a drop of 34.1% from the September 30th total of 4,707 shares. Based on an average daily volume of 10,466 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Hilton Small-MidCap Opportunity ETF Stock Up 0.2%

Shares of NASDAQ SMCO opened at $28.47 on Wednesday. The firm has a market cap of $147.47 million, a price-to-earnings ratio of 23.52 and a beta of 1.10. Hilton Small-MidCap Opportunity ETF has a 52-week low of $25.45 and a 52-week high of $31.17. The business’s 50 day moving average is $28.22 and its two-hundred day moving average is $28.97.

Institutional Investors Weigh In On Hilton Small-MidCap Opportunity ETF

A number of institutional investors have recently modified their holdings of SMCO. Fifth Third Bancorp acquired a new position in Hilton Small-MidCap Opportunity ETF during the 1st quarter worth about $55,000. Crumly & Associates Inc. grew its position in Hilton Small-MidCap Opportunity ETF by 2.6% in the 2nd quarter. Crumly & Associates Inc. now owns 461,501 shares of the company’s stock valued at $14,307,000 after acquiring an additional 11,716 shares in the last quarter. ZEGA Investments LLC acquired a new position in Hilton Small-MidCap Opportunity ETF in the 2nd quarter valued at about $406,000. Janney Montgomery Scott LLC acquired a new position in Hilton Small-MidCap Opportunity ETF in the 1st quarter valued at about $2,121,000. Finally, Fulton Bank N.A. increased its stake in Hilton Small-MidCap Opportunity ETF by 54.6% during the second quarter. Fulton Bank N.A. now owns 228,516 shares of the company’s stock worth $7,084,000 after purchasing an additional 80,684 shares during the period.

Hilton Small-MidCap Opportunity ETF Company Profile

The Hilton Small-MidCap Opportunity ETF (SMCO) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that focuses on generating returns while minimizing risk through its proprietary Small & Mid Cap Opportunities investment process (SMCO), which attempts to identify undervalued US stocks in the small- and mid-cap space. SMCO was launched on Nov 28, 2023 and is issued by Hilton.