Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Stock Short Interest Declines 70.3%

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 7,885 shares, a decline of 70.3% from the September 30th total of 26,523 shares. Based on an average trading volume of 55,884 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

A hedge fund recently raised its position in Zacks Small/Mid Cap Core Portfolio ETF stock. CoreCap Advisors LLC increased its holdings in Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Free Report) by 12.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,050 shares of the company’s stock after purchasing an additional 656 shares during the period. CoreCap Advisors LLC owned 0.10% of Zacks Small/Mid Cap Core Portfolio ETF worth $270,000 as of its most recent SEC filing.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

Shares of SMIZ traded down $0.88 during trading hours on Friday, hitting $40.89. The stock had a trading volume of 56,369 shares, compared to its average volume of 33,511. The stock has a fifty day moving average price of $41.55 and a 200 day moving average price of $41.04. The firm has a market capitalization of $273.96 million, a PE ratio of 20.70 and a beta of 1.15. Zacks Small/Mid Cap Core Portfolio ETF has a 12 month low of $35.14 and a 12 month high of $44.77.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

(Get Free Report)

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.

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