Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Stock Short Interest Report for September

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 4,707 shares, a drop of 75.7% from the September 15th total of 19,388 shares. Based on an average daily trading volume, of 16,094 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Hilton Small-MidCap Opportunity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp acquired a new position in shares of Hilton Small-MidCap Opportunity ETF during the 1st quarter worth about $55,000. ZEGA Investments LLC bought a new stake in Hilton Small-MidCap Opportunity ETF during the 2nd quarter valued at approximately $406,000. Janney Montgomery Scott LLC bought a new stake in Hilton Small-MidCap Opportunity ETF during the 1st quarter valued at approximately $2,121,000. Fulton Bank N.A. grew its holdings in Hilton Small-MidCap Opportunity ETF by 10.7% in the 1st quarter. Fulton Bank N.A. now owns 147,832 shares of the company’s stock valued at $4,018,000 after buying an additional 14,329 shares during the last quarter. Finally, Crumly & Associates Inc. grew its holdings in Hilton Small-MidCap Opportunity ETF by 2.6% in the 2nd quarter. Crumly & Associates Inc. now owns 461,501 shares of the company’s stock valued at $14,307,000 after buying an additional 11,716 shares during the last quarter.

Hilton Small-MidCap Opportunity ETF Trading Up 0.0%

SMCO traded up $0.00 during trading on Tuesday, hitting $28.08. The stock had a trading volume of 12,880 shares, compared to its average volume of 21,767. The firm has a market cap of $135.35 million, a PE ratio of 24.86 and a beta of 1.13. Hilton Small-MidCap Opportunity ETF has a 12 month low of $25.45 and a 12 month high of $31.17. The company has a 50 day simple moving average of $28.94 and a 200-day simple moving average of $29.29.

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. SMCO was launched on Nov 28, 2023 and is issued by Hilton.