Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Short Interest Down 34.3% in December

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 21,352 shares, a decline of 34.3% from the December 15th total of 32,502 shares. Based on an average daily volume of 192,742 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 192,742 shares, the short-interest ratio is presently 0.1 days.

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

Hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its holdings in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF by 50.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 12,516 shares of the company’s stock worth $361,000 after acquiring an additional 4,173 shares during the period. Heritage Wealth Management Inc. boosted its holdings in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF by 5.1% in the 2nd quarter. Heritage Wealth Management Inc. now owns 85,820 shares of the company’s stock valued at $2,476,000 after purchasing an additional 4,200 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF by 6.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 130,439 shares of the company’s stock worth $3,763,000 after buying an additional 8,295 shares during the last quarter.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Performance

Bahl & Gaynor Small/Mid Cap Income Growth ETF stock traded up $0.01 during midday trading on Friday, reaching $30.04. 106,556 shares of the company were exchanged, compared to its average volume of 285,844. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 20.09 and a beta of 0.86. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 1 year low of $25.24 and a 1 year high of $30.64. The firm’s 50-day simple moving average is $28.80 and its 200-day simple moving average is $29.17.

About Bahl & Gaynor Small/Mid Cap Income Growth ETF

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.