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

SMART Mid Cap ETF (NYSEARCA:SMCP) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 33 shares, a drop of 99.4% from the May 31st total of 5,570 shares. Based on an average daily trading volume, of 938 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

SMART Mid Cap ETF Price Performance

SMCP stock traded up $0.05 during midday trading on Thursday, reaching $24.91. 3,072 shares of the company’s stock traded hands, compared to its average volume of 2,256. The company has a market capitalization of $26.16 million, a P/E ratio of 13.61 and a beta of 1.04. SMART Mid Cap ETF has a fifty-two week low of $23.29 and a fifty-two week high of $25.60. The business has a 50-day moving average price of $27.18 and a two-hundred day moving average price of $30.73.

SMART Mid Cap ETF Company Profile

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.