Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Short Interest Update

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 75,078 shares, a growth of 278.2% from the January 15th total of 19,850 shares. Based on an average trading volume of 263,044 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 263,044 shares, the days-to-cover ratio is currently 0.3 days.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Price Performance

Shares of SMIG traded up $0.16 during trading hours on Wednesday, reaching $31.53. 167,454 shares of the company’s stock traded hands, compared to its average volume of 266,411. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a twelve month low of $25.24 and a twelve month high of $31.58. The business’s fifty day simple moving average is $29.53 and its two-hundred day simple moving average is $29.28. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 20.09 and a beta of 0.86.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 29th were issued a dividend of $0.047 per share. The ex-dividend date of this dividend was Thursday, January 29th. This is a positive change from Bahl & Gaynor Small/Mid Cap Income Growth ETF’s previous monthly dividend of $0.04. This represents a c) annualized dividend and a yield of 1.8%.

Hedge Funds Weigh In On Bahl & Gaynor Small/Mid Cap Income Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth $27,000. Janney Montgomery Scott LLC grew its holdings in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 50.0% during the second quarter. Janney Montgomery Scott LLC now owns 12,516 shares of the company’s stock worth $361,000 after acquiring an additional 4,173 shares during the period. Transcend Capital Advisors LLC bought a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the fourth quarter worth about $1,338,000. Heritage Wealth Management Inc. raised its position in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 5.1% in the second quarter. Heritage Wealth Management Inc. now owns 85,820 shares of the company’s stock worth $2,476,000 after acquiring an additional 4,200 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 6.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 130,439 shares of the company’s stock valued at $3,763,000 after acquiring an additional 8,295 shares during the last quarter.

About Bahl & Gaynor Small/Mid Cap Income Growth ETF

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.