Short Interest in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Drops By 93.8%

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,100 shares, a drop of 93.8% from the February 28th total of 17,800 shares. Based on an average daily trading volume, of 9,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Hilton Small-MidCap Opportunity ETF Trading Down 1.6 %

Hilton Small-MidCap Opportunity ETF stock traded down $0.39 during midday trading on Friday, reaching $23.68. 100 shares of the stock traded hands, compared to its average volume of 8,887. The firm has a fifty day moving average price of $25.41 and a two-hundred day moving average price of $25.56. Hilton Small-MidCap Opportunity ETF has a fifty-two week low of $22.11 and a fifty-two week high of $27.55. The firm has a market cap of $93.52 million, a price-to-earnings ratio of 25.82 and a beta of 1.04.

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.