Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Sees Large Increase in Short Interest

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 10,100 shares, a growth of 274.1% from the May 31st total of 2,700 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is currently 1.2 days.

Hilton Small-MidCap Opportunity ETF Trading Up 0.3 %

Shares of Hilton Small-MidCap Opportunity ETF stock traded up $0.07 on Friday, hitting $23.70. The stock had a trading volume of 6,805 shares, compared to its average volume of 19,776. Hilton Small-MidCap Opportunity ETF has a 52-week low of $20.12 and a 52-week high of $24.12. The stock has a market cap of $71.10 million, a price-to-earnings ratio of 22.19 and a beta of 1.04. The company’s 50 day moving average price is $23.35 and its 200 day moving average price is $22.73.

Hilton Small-MidCap Opportunity ETF Company Profile

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.