SMART Mid Cap ETF (NYSEARCA:SMCP) Sees Large Growth in Short Interest

SMART Mid Cap ETF (NYSEARCA:SMCPGet Free Report) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 7,605 shares, an increase of 22,945.5% from the June 15th total of 33 shares. Based on an average daily volume of 5,098 shares, the days-to-cover ratio is presently 1.5 days. Currently, 4.2% of the company’s stock are sold short.

SMART Mid Cap ETF Stock Performance

SMCP traded up $0.43 on Friday, hitting $25.15. The company had a trading volume of 1,333 shares, compared to its average volume of 2,981. The stock has a fifty day moving average price of $25.44 and a 200-day moving average price of $30.14. SMART Mid Cap ETF has a 12-month low of $23.29 and a 12-month high of $25.60. The stock has a market capitalization of $4.53 million, a price-to-earnings ratio of 13.61 and a beta of 1.45.

About SMART Mid Cap ETF

(Get Free Report)

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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