SMART Mid Cap ETF (NYSEARCA:SMCP) Short Interest Down 94.9% in July

SMART Mid Cap ETF (NYSEARCA:SMCP) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 389 shares, a decline of 94.9% from the June 30th total of 7,605 shares. Based on an average trading volume of 3,963 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

SMART Mid Cap ETF Stock Performance

Shares of NYSEARCA:SMCP traded down $0.27 during midday trading on Friday, hitting $24.64. 387 shares of the stock were exchanged, compared to its average volume of 2,902. The company has a market capitalization of $4.44 million, a PE ratio of 13.61 and a beta of -1.48. SMART Mid Cap ETF has a 52-week low of $23.29 and a 52-week high of $25.85. The business’s fifty day simple moving average is $24.51 and its two-hundred day simple moving average is $29.59.

About SMART Mid Cap ETF

The AlphaMark Actively Managed Small Cap ETF (SMCP) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively-managed portfolio of ETFs that holds small-cap stocks. SMCP was launched on Apr 21, 2015 and is issued by AlphaMark.