Short Interest in Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Grows By 99.0%

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 41,324 shares, a growth of 99.0% from the July 15th total of 20,766 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 202,414 shares, the days-to-cover ratio is currently 0.2 days.

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

SMIG stock traded down $0.22 on Monday, hitting $33.44. 153,799 shares of the company’s stock were exchanged, compared to its average volume of 255,009. The firm has a 50 day moving average price of $32.88 and a two-hundred day moving average price of $31.47. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 12-month low of $27.66 and a 12-month high of $33.70. The stock has a market cap of $1.51 billion, a P/E ratio of 20.09 and a beta of 0.82.

Institutional Investors Weigh In On Bahl & Gaynor Small/Mid Cap Income Growth ETF

A number of large investors have recently modified their holdings of the business. Parallel Advisors LLC purchased a new position in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter valued at approximately $27,000. Cornerstone Financial Management LLC purchased a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter worth approximately $81,000. Arkadios Wealth Advisors acquired a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter valued at approximately $218,000. Janney Montgomery Scott LLC raised its holdings in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,317 shares of the company’s stock worth $470,000 after buying an additional 2,656 shares during the last quarter. Finally, Wealth Intelligence LLC purchased a new position in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF in the fourth quarter worth $2,292,000.

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.