SMART Mid Cap ETF (NYSEARCA:SMCP) Sees Significant Growth in Short Interest

SMART Mid Cap ETF (NYSEARCA:SMCP) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 4,667 shares, a growth of ∞ from the April 30th total of 0 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 8,963 shares, the short-interest ratio is currently 0.5 days.

SMART Mid Cap ETF Price Performance

Shares of NYSEARCA SMCP traded up $0.25 during mid-day trading on Tuesday, reaching $24.25. 802 shares of the company traded hands, compared to its average volume of 2,564. SMART Mid Cap ETF has a fifty-two week low of $23.31 and a fifty-two week high of $25.24. The firm has a market cap of $25.46 million, a PE ratio of 13.61 and a beta of 1.04. The stock has a fifty day simple moving average of $30.11 and a 200-day simple moving average of $31.77.

About SMART Mid Cap ETF

The AlphaMark Actively Managed Small Cap ETF (SMCP) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively-managed portfolio of ETFs that holds small-cap stocks. SMCP was launched on Apr 21, 2015 and is issued by AlphaMark.