Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG – Get Free Report) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 23,284 shares, a decrease of 60.9% from the September 30th total of 59,519 shares. Based on an average daily trading volume, of 236,374 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.
Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Down 0.9%
SMIG stock traded down $0.28 during midday trading on Friday, reaching $32.19. The company’s stock had a trading volume of 203,196 shares, compared to its average volume of 247,595. The business’s 50-day simple moving average is $31.78 and its 200-day simple moving average is $31.51. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 52 week low of $27.66 and a 52 week high of $33.70. The stock has a market cap of $1.48 billion, a PE ratio of 20.09 and a beta of 0.81.
Bahl & Gaynor Small/Mid Cap Income Growth ETF Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 29th will be paid a $0.0440 dividend. This is an increase from Bahl & Gaynor Small/Mid Cap Income Growth ETF’s previous monthly dividend of $0.0420. The ex-dividend date of this dividend is Thursday, October 29th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 1.6%.
Institutional Investors Weigh In On Bahl & Gaynor Small/Mid Cap Income Growth ETF
An institutional investor recently bought a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF stock. Bank of New York Mellon Corp acquired a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 140,618 shares of the company’s stock, valued at approximately $4,127,000. Bank of New York Mellon Corp owned about 0.33% of Bahl & Gaynor Small/Mid Cap Income Growth ETF at the end of the most recent quarter.
Bahl & Gaynor Small/Mid Cap Income Growth ETF Company Profile
The AAM Bahl & Gaynor Small\u002FMid Cap Income Growth ETF (SMIG) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that invests in US mid and small-cap companies that selects and weights securities based on the advisers assessment. SMIG was launched on Aug 25, 2021 and is managed by AAM.
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