Short Interest in Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Rises By 164.2%

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 33,660 shares, a growth of 164.2% from the July 30th total of 12,738 shares. Based on an average daily trading volume, of 25,862 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.5% of the company’s shares are sold short.

Hedge Funds Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

A number of large investors have recently bought and sold shares of SMIZ. Strive Financial Group LLC grew its holdings in shares of Zacks Small/Mid Cap Core Portfolio ETF by 354.4% in the second quarter. Strive Financial Group LLC now owns 205,799 shares of the company’s stock worth $9,183,000 after purchasing an additional 160,506 shares during the last quarter. Rossby Financial LCC raised its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 40.5% during the 4th quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock valued at $386,000 after buying an additional 3,006 shares during the last quarter. Alteri Wealth LLC raised its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 6.5% during the 4th quarter. Alteri Wealth LLC now owns 38,935 shares of the company’s stock valued at $1,440,000 after buying an additional 2,370 shares during the last quarter. Wayfinding Financial LLC boosted its position in Zacks Small/Mid Cap Core Portfolio ETF by 1.3% during the 4th quarter. Wayfinding Financial LLC now owns 150,979 shares of the company’s stock valued at $5,619,000 after buying an additional 1,912 shares during the period. Finally, Cornerstone Planning Group LLC purchased a new stake in Zacks Small/Mid Cap Core Portfolio ETF during the 4th quarter valued at $26,000.

Zacks Small/Mid Cap Core Portfolio ETF Trading Down 1.1%

SMIZ opened at $42.16 on Friday. The company has a market cap of $271.93 million, a P/E ratio of 20.70 and a beta of 1.15. The business’s 50-day moving average price is $43.06 and its 200-day moving average price is $41.20. Zacks Small/Mid Cap Core Portfolio ETF has a 12 month low of $35.14 and a 12 month high of $44.77.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

The Zacks Small/Mid Cap ETF (SMIZ) is an exchange-traded fund that mostly invests in extended market equity. The fund aims to generate positive risk-adjusted returns by investing in small- and mid-cap US stocks. The actively managed fund selects companies based on analyst agreement, magnitude, upside, and surprise. SMIZ was launched on Oct 3, 2023 and is issued by Zacks.