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

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 50,858 shares, an increase of 2,528.3% from the April 15th total of 1,935 shares. Based on an average daily trading volume, of 21,901 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new position in shares of Zacks Small/Mid Cap Core Portfolio ETF in the fourth quarter worth about $26,000. CoreCap Advisors LLC raised its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 11,665.5% in the fourth quarter. CoreCap Advisors LLC now owns 3,412 shares of the company’s stock worth $126,000 after purchasing an additional 3,383 shares during the last quarter. Rossby Financial LCC raised its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 40.5% in the fourth quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock worth $386,000 after purchasing an additional 3,006 shares during the last quarter. Alteri Wealth LLC raised its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 52.3% in the third quarter. Alteri Wealth LLC now owns 36,565 shares of the company’s stock worth $1,366,000 after purchasing an additional 12,554 shares during the last quarter. Finally, Strive Financial Group LLC purchased a new position in shares of Zacks Small/Mid Cap Core Portfolio ETF in the fourth quarter worth about $1,529,000.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

Zacks Small/Mid Cap Core Portfolio ETF stock traded up $0.14 during midday trading on Monday, reaching $42.27. The company’s stock had a trading volume of 16,459 shares, compared to its average volume of 35,818. The stock’s 50-day simple moving average is $39.07 and its 200-day simple moving average is $38.46. Zacks Small/Mid Cap Core Portfolio ETF has a 52-week low of $32.06 and a 52-week high of $42.82. The stock has a market capitalization of $246.01 million, a P/E ratio of 20.70 and a beta of 1.19.

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.