SMID Cap Diversified Value ETF (NASDAQ:HWSM) Sees Significant Decrease in Short Interest

SMID Cap Diversified Value ETF (NASDAQ:HWSM) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 76 shares, a drop of 89.7% from the April 15th total of 741 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 483 shares, the days-to-cover ratio is presently 0.2 days.

SMID Cap Diversified Value ETF Price Performance

Shares of HWSM traded down $0.25 during trading hours on Monday, hitting $28.82. 2,003 shares of the company were exchanged, compared to its average volume of 333. The company has a market capitalization of $2.59 million, a PE ratio of 11.93 and a beta of 0.71. The firm has a fifty day simple moving average of $28.02 and a 200-day simple moving average of $27.73. SMID Cap Diversified Value ETF has a one year low of $23.80 and a one year high of $29.45.

SMID Cap Diversified Value ETF Company Profile

The Hotchkis & Wiley SMID Cap Diversified Value Fund (HWSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that targets undervalued small- and mid-cap stocks that are often out of favor or considered overlooked by investors. Holdings are selected based on fundamentals and weighted based on analyst conviction. HWSM was launched on Mar 31, 2025 and is issued by Hotchkis & Wiley.