VanEck Fabless Semiconductor ETF (NASDAQ:SMHX) Sees Large Drop in Short Interest

Posted by Scott Moore on Jul 3rd, 2026

VanEck Fabless Semiconductor ETF (NASDAQ:SMHX – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 63,379 shares, a decrease of 35.0% from the May 31st total of 97,493 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average trading volume of 236,315 shares, the short-interest ratio is presently 0.3 days.

VanEck Fabless Semiconductor ETF Trading Down 4.6%

NASDAQ:SMHX opened at $58.65 on Friday. The stock has a 50-day moving average price of $59.00 and a 200 day moving average price of $46.18. The stock has a market capitalization of $272.72 million, a P/E ratio of 41.26 and a beta of 2.37. VanEck Fabless Semiconductor ETF has a 12-month low of $30.96 and a 12-month high of $68.36.

Institutional Investors Weigh In On VanEck Fabless Semiconductor ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC bought a new stake in shares of VanEck Fabless Semiconductor ETF during the fourth quarter valued at approximately $26,000. Global Retirement Partners LLC boosted its position in shares of VanEck Fabless Semiconductor ETF by 839.7% during the fourth quarter. Global Retirement Partners LLC now owns 1,090 shares of the company’s stock worth $41,000 after acquiring an additional 974 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of VanEck Fabless Semiconductor ETF during the fourth quarter worth $79,000. Western Wealth Management LLC purchased a new position in VanEck Fabless Semiconductor ETF during the first quarter valued at $178,000. Finally, Ameritas Advisory Services LLC purchased a new position in VanEck Fabless Semiconductor ETF during the fourth quarter valued at $202,000.

About VanEck Fabless Semiconductor ETF

(Get Free Report)

The VanEck Fabless Semiconductor ETF (SMHX) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of US companies that design and develop semiconductor chips but outsources their manufacturing. Selection and weighting are based on free-float market capitalization. SMHX was launched on Aug 27, 2024 and is issued by VanEck.