Short Interest in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Decreases By 44.9%

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 4,300 shares, a decline of 44.9% from the December 15th total of 7,800 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 0.9 days.

Hilton Small-MidCap Opportunity ETF Stock Up 0.7 %

NASDAQ:SMCO traded up $0.19 during trading hours on Tuesday, reaching $25.89. The company had a trading volume of 2,697 shares, compared to its average volume of 5,375. The firm has a market capitalization of $102.27 million, a PE ratio of 22.19 and a beta of 1.04. The stock has a 50-day moving average of $26.31 and a two-hundred day moving average of $25.01. Hilton Small-MidCap Opportunity ETF has a one year low of $21.03 and a one year high of $27.55.

Hilton Small-MidCap Opportunity ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 18th. Investors of record on Tuesday, December 17th were given a dividend of $0.1186 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.