Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Short Interest Update

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 7,076 shares, a decline of 37.9% from the March 15th total of 11,388 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 39,622 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Strive Financial Group LLC bought a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF during the 4th quarter valued at approximately $1,529,000. Rossby Financial LCC lifted its stake in Zacks Small/Mid Cap Core Portfolio ETF by 40.5% in the 4th quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock valued at $386,000 after purchasing an additional 3,006 shares during the last quarter. Wayfinding Financial LLC boosted its position in Zacks Small/Mid Cap Core Portfolio ETF by 1.3% in the fourth quarter. Wayfinding Financial LLC now owns 150,979 shares of the company’s stock valued at $5,619,000 after buying an additional 1,912 shares in the last quarter. Alteri Wealth LLC grew its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 6.5% during the fourth quarter. Alteri Wealth LLC now owns 38,935 shares of the company’s stock worth $1,440,000 after buying an additional 2,370 shares during the last quarter. Finally, Cornerstone Planning Group LLC bought a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF during the fourth quarter worth $26,000.

Zacks Small/Mid Cap Core Portfolio ETF Trading Down 0.1%

NYSEARCA SMIZ traded down $0.06 on Thursday, hitting $40.42. 2,006 shares of the company’s stock were exchanged, compared to its average volume of 39,247. The stock has a 50-day moving average of $38.45 and a 200-day moving average of $37.97. Zacks Small/Mid Cap Core Portfolio ETF has a 52 week low of $28.06 and a 52 week high of $40.65. The stock has a market cap of $231.20 million, a price-to-earnings ratio of 20.70 and a beta of 1.20.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

The Zacks Small/Mid Cap ETF (SMIZ) is an exchange-traded fund that mostly invests in extended market equity. The fund aims to generate positive risk-adjusted returns by investing in small- and mid-cap US stocks. The actively managed fund selects companies based on analyst agreement, magnitude, upside, and surprise. SMIZ was launched on Oct 3, 2023 and is issued by Zacks.