SMID Cap Diversified Value ETF (NASDAQ:HWSM) Sees Significant Decrease in Short Interest

SMID Cap Diversified Value ETF (NASDAQ:HWSM) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 76 shares, a decrease of 89.7% from the April 15th total of 741 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 483 shares, the days-to-cover ratio is presently 0.2 days.

SMID Cap Diversified Value ETF Trading Down 0.9%

Shares of SMID Cap Diversified Value ETF stock traded down $0.25 during trading hours on Monday, reaching $28.82. The stock had a trading volume of 2,003 shares, compared to its average volume of 333. The firm has a 50 day simple moving average of $28.02 and a two-hundred day simple moving average of $27.73. The firm has a market capitalization of $2.59 million, a price-to-earnings ratio of 11.93 and a beta of 0.71. SMID Cap Diversified Value ETF has a 1 year low of $23.80 and a 1 year high of $29.45.

SMID Cap Diversified Value ETF Company Profile

The Hotchkis & Wiley SMID Cap Diversified Value Fund (HWSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that targets undervalued small- and mid-cap stocks that are often out of favor or considered overlooked by investors. Holdings are selected based on fundamentals and weighted based on analyst conviction. HWSM was launched on Mar 31, 2025 and is issued by Hotchkis & Wiley.