SMART Mid Cap ETF (NYSEARCA:SMCP) Short Interest Up 862.9% in August

SMART Mid Cap ETF (NYSEARCA:SMCP) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 41,474 shares, a growth of 862.9% from the July 30th total of 4,307 shares. Based on an average daily trading volume, of 21,667 shares, the days-to-cover ratio is currently 1.9 days. Approximately 23.0% of the shares of the company are short sold.

SMART Mid Cap ETF Stock Up 0.7%

SMCP traded up $0.19 during mid-day trading on Tuesday, reaching $26.73. 3,121 shares of the company traded hands, compared to its average volume of 5,254. The stock has a market capitalization of $4.81 million, a P/E ratio of 13.61 and a beta of 1.58. The company’s fifty day moving average price is $25.35 and its 200-day moving average price is $28.52. SMART Mid Cap ETF has a 52-week low of $23.29 and a 52-week high of $26.93.

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.