Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Short Interest Up 46.9% in July

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 4,700 shares, a growth of 46.9% from the June 30th total of 3,200 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 1.9 days.

Hilton Small-MidCap Opportunity ETF Price Performance

NASDAQ SMCO traded up $0.02 during trading on Monday, reaching $24.34. 4,190 shares of the company’s stock traded hands, compared to its average volume of 17,433. The firm has a market cap of $75.45 million, a price-to-earnings ratio of 22.19 and a beta of 1.04. The company’s 50 day simple moving average is $23.83 and its two-hundred day simple moving average is $23.16. Hilton Small-MidCap Opportunity ETF has a 12-month low of $20.12 and a 12-month high of $25.10.

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.