Short Interest in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Decreases By 93.8%

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, a decline of 93.8% from the February 28th total of 17,800 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Hilton Small-MidCap Opportunity ETF Price Performance

NASDAQ:SMCO traded down $0.26 during trading hours on Wednesday, reaching $24.03. 4,107 shares of the company were exchanged, compared to its average volume of 8,994. Hilton Small-MidCap Opportunity ETF has a 52-week low of $22.11 and a 52-week high of $27.55. The stock has a 50 day simple moving average of $25.51 and a 200 day simple moving average of $25.58. The firm has a market cap of $102.13 million, a price-to-earnings ratio of 25.82 and a beta of 1.04.

About Hilton Small-MidCap Opportunity ETF

The Hilton Small-MidCap Opportunity ETF (SMCO) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that focuses on generating returns while minimizing risk through its proprietary Small & Mid Cap Opportunities investment process (SMCO), which attempts to identify undervalued US stocks in the small- and mid-cap space.