Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Stock Short Interest Declines 70.3%

by · The Markets Daily

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 7,885 shares, a decrease of 70.3% from the September 30th total of 26,523 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 55,884 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Zacks Small/Mid Cap Core Portfolio ETF stock. Strive Financial Group LLC grew its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Free Report) by 354.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 205,799 shares of the company’s stock after purchasing an additional 160,506 shares during the period. Zacks Small/Mid Cap Core Portfolio ETF makes up 4.0% of Strive Financial Group LLC’s investment portfolio, making the stock its 6th biggest holding. Strive Financial Group LLC owned about 3.19% of Zacks Small/Mid Cap Core Portfolio ETF worth $9,183,000 as of its most recent filing with the Securities and Exchange Commission.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

Shares of SMIZ stock opened at $41.35 on Wednesday. The stock has a market capitalization of $277.05 million, a PE ratio of 20.70 and a beta of 1.15. The business’s 50 day simple moving average is $41.60 and its 200 day simple moving average is $41.01. Zacks Small/Mid Cap Core Portfolio ETF has a one year low of $35.14 and a one year high of $44.77.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

(Get Free Report)

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.

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