Short Interest in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Grows By 32.8%

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 17,800 shares, an increase of 32.8% from the February 13th total of 13,400 shares. Based on an average daily trading volume, of 9,100 shares, the short-interest ratio is presently 2.0 days. Approximately 0.5% of the company’s shares are sold short.

Hilton Small-MidCap Opportunity ETF Trading Up 0.5 %

SMCO stock traded up $0.11 during mid-day trading on Monday, reaching $23.90. 144 shares of the stock traded hands, compared to its average volume of 8,934. Hilton Small-MidCap Opportunity ETF has a 52-week low of $22.11 and a 52-week high of $27.55. The stock’s fifty day moving average is $25.75 and its 200-day moving average is $25.58. The company has a market cap of $94.40 million, a P/E ratio of 25.65 and a beta of 1.04.

Hilton Small-MidCap Opportunity ETF Company Profile

The Hilton Small-MidCap Opportunity ETF (SMCO) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that focuses on generating returns while minimizing risk through its proprietary Small & Mid Cap Opportunities investment process (SMCO), which attempts to identify undervalued US stocks in the small- and mid-cap space.