Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Short Interest Update

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 20,766 shares, a drop of 57.1% from the June 30th total of 48,400 shares. Based on an average daily volume of 264,846 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC acquired a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF in the fourth quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new position in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter worth about $81,000. Arkadios Wealth Advisors bought a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter valued at approximately $218,000. Janney Montgomery Scott LLC boosted its stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,317 shares of the company’s stock valued at $470,000 after purchasing an additional 2,656 shares during the period. Finally, Transcend Capital Advisors LLC bought a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter valued at approximately $1,338,000.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Performance

Shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF stock traded down $0.51 on Wednesday, reaching $32.97. The stock had a trading volume of 205,278 shares, compared to its average volume of 253,159. The business’s 50-day moving average price is $32.48 and its two-hundred day moving average price is $31.18. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a fifty-two week low of $27.66 and a fifty-two week high of $33.70. The stock has a market cap of $1.52 billion, a P/E ratio of 20.09 and a beta of 0.82.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Company Profile

The AAM Bahl & Gaynor Small\u002FMid Cap Income Growth ETF (SMIG) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that invests in US mid and small-cap companies that selects and weights securities based on the advisers assessment. SMIG was launched on Aug 25, 2021 and is managed by AAM.