SMART Mid Cap ETF (NYSEARCA:SMCP) Sees Significant Growth in Short Interest

SMART Mid Cap ETF (NYSEARCA:SMCP) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 7,605 shares, a growth of 22,945.5% from the June 15th total of 33 shares. Based on an average daily trading volume, of 5,098 shares, the days-to-cover ratio is presently 1.5 days. Currently, 4.2% of the company’s shares are short sold.

SMART Mid Cap ETF Trading Up 1.7%

Shares of NYSEARCA SMCP traded up $0.43 on Friday, reaching $25.15. 1,333 shares of the company traded hands, compared to its average volume of 2,981. SMART Mid Cap ETF has a fifty-two week low of $23.29 and a fifty-two week high of $25.60. The company has a 50 day moving average of $25.44 and a 200 day moving average of $30.14. The stock has a market capitalization of $4.53 million, a PE ratio of 13.61 and a beta of 1.45.

About SMART Mid Cap ETF

The AlphaMark Actively Managed Small Cap ETF (SMCP) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively-managed portfolio of ETFs that holds small-cap stocks. SMCP was launched on Apr 21, 2015 and is issued by AlphaMark.