ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Stock Short Interest Report for October

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 3,333,796 shares, a growth of 309,157.5% from the October 15th total of 1,078 shares. Based on an average daily volume of 927,594 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.2% of the company’s stock are short sold.

ALPS | Smith Core Plus Bond ETF Stock Up 0.0%

Shares of NYSEARCA:SMTH opened at $24.95 on Thursday. ALPS | Smith Core Plus Bond ETF has a 1 year low of $24.34 and a 1 year high of $26.36. The stock’s fifty day moving average price is $24.86 and its 200-day moving average price is $25.53.

Hedge Funds Weigh In On ALPS | Smith Core Plus Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Trilogy Capital Inc. grew its stake in shares of ALPS | Smith Core Plus Bond ETF by 115.3% in the second quarter. Trilogy Capital Inc. now owns 4,184,387 shares of the company’s stock worth $107,706,000 after acquiring an additional 2,241,175 shares during the period. Hamilton Wealth LLC lifted its position in ALPS | Smith Core Plus Bond ETF by 98.4% during the first quarter. Hamilton Wealth LLC now owns 2,653,258 shares of the company’s stock valued at $68,335,000 after purchasing an additional 1,315,762 shares during the period. Annex Advisory Services LLC lifted its position in ALPS | Smith Core Plus Bond ETF by 14.6% during the second quarter. Annex Advisory Services LLC now owns 9,237,012 shares of the company’s stock valued at $237,761,000 after purchasing an additional 1,179,599 shares during the period. Alps Advisors Inc. bought a new position in ALPS | Smith Core Plus Bond ETF during the third quarter valued at approximately $3,795,000. Finally, Bank of America Corp DE purchased a new stake in ALPS | Smith Core Plus Bond ETF in the first quarter worth approximately $2,993,000.

ALPS | Smith Core Plus Bond ETF Company Profile

The ALPS/SMITH Core Plus Bond ETF (SMTH) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to global debt securities of any maturity and credit quality. The fund aims for an above-average total return. SMTH was launched on Dec 5, 2023 and is issued by SS&C.