Short Interest in SMART Mid Cap ETF (NYSEARCA:SMCP) Declines By 98.1%

SMART Mid Cap ETF (NYSEARCA:SMCP) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 780 shares, a decline of 98.1% from the August 15th total of 41,474 shares. Based on an average trading volume of 1,110 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the company’s shares are sold short.

SMART Mid Cap ETF Price Performance

Shares of SMART Mid Cap ETF stock traded down $0.31 on Thursday, hitting $27.20. 758 shares of the company’s stock traded hands, compared to its average volume of 4,646. The firm’s 50-day moving average price is $25.82 and its two-hundred day moving average price is $28.05. The stock has a market capitalization of $4.90 million, a PE ratio of 13.61 and a beta of 1.49. SMART Mid Cap ETF has a one year low of $23.29 and a one year high of $28.09.

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.