SMART Mid Cap ETF (NYSEARCA:SMCP) Short Interest Up 1,007.2% in July
by Michael Walen · The Markets DailySMART Mid Cap ETF (NYSEARCA:SMCP – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,307 shares, a growth of 1,007.2% from the July 15th total of 389 shares. Based on an average daily volume of 1,680 shares, the short-interest ratio is presently 2.6 days. Approximately 2.4% of the shares of the stock are sold short.
SMART Mid Cap ETF Stock Performance
NYSEARCA:SMCP remained flat at $26.39 during trading hours on Thursday. The company’s stock had a trading volume of 4,789 shares, compared to its average volume of 5,797. The firm’s fifty day simple moving average is $24.89 and its 200-day simple moving average is $28.91. The stock has a market capitalization of $4.75 million, a PE ratio of 13.61 and a beta of 1.52. SMART Mid Cap ETF has a 52-week low of $23.29 and a 52-week high of $26.45.
About SMART Mid Cap ETF
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.