Short Interest in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Grows By 238.7%

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 10,500 shares, an increase of 238.7% from the January 15th total of 3,100 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 2.1 days.

Hilton Small-MidCap Opportunity ETF Price Performance

NASDAQ:SMCO traded up $0.03 during mid-day trading on Thursday, reaching $26.28. The stock had a trading volume of 7,932 shares, compared to its average volume of 4,641. The stock has a market cap of $103.82 million, a P/E ratio of 22.19 and a beta of 1.04. The business’s 50 day moving average is $26.27 and its 200 day moving average is $25.40. Hilton Small-MidCap Opportunity ETF has a fifty-two week low of $22.11 and a fifty-two week high of $27.55.

Hilton Small-MidCap Opportunity ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, December 18th. Stockholders of record on Tuesday, December 17th were paid 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.