Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Sees Significant Drop in Short Interest

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 5,000 shares, a drop of 30.6% from the August 31st total of 7,200 shares. Based on an average trading volume of 9,800 shares, the short-interest ratio is currently 0.5 days.

Hilton Small-MidCap Opportunity ETF Price Performance

SMCO traded up $0.05 on Friday, reaching $24.82. 182,005 shares of the stock were exchanged, compared to its average volume of 17,417. The company’s 50-day moving average price is $24.04 and its 200 day moving average price is $23.66. The firm has a market capitalization of $76.95 million, a PE ratio of 22.19 and a beta of 1.04. Hilton Small-MidCap Opportunity ETF has a fifty-two week low of $20.12 and a fifty-two week high of $25.10.

About Hilton Small-MidCap Opportunity ETF

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.