Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Stock Short Interest Declines 70.3%

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 7,885 shares, a drop of 70.3% from the September 30th total of 26,523 shares. Based on an average daily volume of 55,884 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

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

An institutional investor recently raised its stake in Zacks Small/Mid Cap Core Portfolio ETF stock. Strive Financial Group LLC raised its position in Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Free Report) by 354.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,799 shares of the company’s stock after purchasing an additional 160,506 shares during the quarter. Zacks Small/Mid Cap Core Portfolio ETF accounts for about 4.0% of Strive Financial Group LLC’s holdings, making the stock its 6th biggest holding. Strive Financial Group LLC owned about 3.19% of Zacks Small/Mid Cap Core Portfolio ETF worth $9,183,000 at the end of the most recent reporting period.

Zacks Small/Mid Cap Core Portfolio ETF Stock Performance

Shares of SMIZ stock opened at $41.35 on Wednesday. Zacks Small/Mid Cap Core Portfolio ETF has a 52 week low of $35.14 and a 52 week high of $44.77. The company has a market capitalization of $277.05 million, a price-to-earnings ratio of 20.70 and a beta of 1.15. The company has a 50-day simple moving average of $41.60 and a 200 day simple moving average of $41.01.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

(Get Free Report)

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.

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