Intech S&P Small-Mid Cap Diversified Alpha ETF (NYSEARCA:SMDX) Short Interest Down 33.3% in September

Intech S&P Small-Mid Cap Diversified Alpha ETF (NYSEARCA:SMDX) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 3,600 shares, a decline of 33.3% from the September 15th total of 5,400 shares. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is currently 0.3 days.

Intech S&P Small-Mid Cap Diversified Alpha ETF Price Performance

Shares of NYSEARCA:SMDX opened at $22.70 on Wednesday. Intech S&P Small-Mid Cap Diversified Alpha ETF has a 1-year low of $16.67 and a 1-year high of $23.02. The company has a market capitalization of $98.75 million and a P/E ratio of 15.81. The firm’s 50 day simple moving average is $22.44 and its two-hundred day simple moving average is $20.98.

Intech S&P Small-Mid Cap Diversified Alpha ETF Company Profile

The Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund of US small- to mid-cap companies found in the S&P 1000 Index. It utilizes volatility, correlation, profitability, and valuations to identify and select stocks.