AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Short Interest Up 158.0% in October

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 30,700 shares, a growth of 158.0% from the September 30th total of 11,900 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 142,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 142,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Up 0.2%

NYSEARCA SMIG opened at $28.34 on Friday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 20.09 and a beta of 0.86. AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF has a twelve month low of $25.24 and a twelve month high of $32.08. The stock has a fifty day simple moving average of $29.39 and a 200 day simple moving average of $29.00.

Institutional Trading of AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SMIG. Janney Montgomery Scott LLC increased its holdings in AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF by 5.0% in the first quarter. Janney Montgomery Scott LLC now owns 8,343 shares of the company’s stock valued at $238,000 after purchasing an additional 400 shares during the period. Heritage Wealth Management Inc. boosted its stake in shares of AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF by 2.5% in the 1st quarter. Heritage Wealth Management Inc. now owns 81,620 shares of the company’s stock valued at $2,329,000 after purchasing an additional 2,000 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF by 6.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 130,439 shares of the company’s stock valued at $3,763,000 after purchasing an additional 8,295 shares during the last quarter.

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF Company Profile

The AAM Bahl & Gaynor Small\u002FMid Cap Income Growth ETF (SMIG) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that invests in US mid and small-cap companies that selects and weights securities based on the advisers assessment. SMIG was launched on Aug 25, 2021 and is managed by AAM.