Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Short Interest Update

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 5,000 shares, a decline of 30.6% from the August 31st total of 7,200 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 0.5 days.

Hilton Small-MidCap Opportunity ETF Stock Performance

Shares of NASDAQ:SMCO traded up $0.05 during trading on Friday, reaching $24.82. 182,005 shares of the stock were exchanged, compared to its average volume of 17,417. Hilton Small-MidCap Opportunity ETF has a 12-month low of $20.12 and a 12-month high of $25.10. The firm has a market cap of $76.95 million, a price-to-earnings ratio of 22.19 and a beta of 1.04. The firm’s 50-day moving average price is $24.04 and its 200 day moving average price is $23.67.

About Hilton Small-MidCap Opportunity ETF

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.