Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Stock Short Interest Report for September

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 4,707 shares, a decrease of 75.7% from the September 15th total of 19,388 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 16,094 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Hilton Small-MidCap Opportunity ETF

Several large investors have recently bought and sold shares of SMCO. Crumly & Associates Inc. increased its position in shares of Hilton Small-MidCap Opportunity ETF by 14.3% in the 3rd quarter. Crumly & Associates Inc. now owns 527,483 shares of the company’s stock valued at $14,477,000 after buying an additional 65,982 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Hilton Small-MidCap Opportunity ETF by 41.9% during the second quarter. Envestnet Asset Management Inc. now owns 498,944 shares of the company’s stock worth $15,467,000 after acquiring an additional 147,241 shares in the last quarter. Fulton Bank N.A. lifted its holdings in Hilton Small-MidCap Opportunity ETF by 54.6% during the second quarter. Fulton Bank N.A. now owns 228,516 shares of the company’s stock worth $7,084,000 after acquiring an additional 80,684 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in Hilton Small-MidCap Opportunity ETF in the first quarter valued at about $2,121,000. Finally, ZEGA Investments LLC acquired a new position in Hilton Small-MidCap Opportunity ETF in the second quarter valued at about $406,000.

Hilton Small-MidCap Opportunity ETF Stock Performance

SMCO traded down $0.05 during midday trading on Monday, reaching $28.13. 3,483 shares of the company were exchanged, compared to its average volume of 21,794. The stock has a market capitalization of $135.57 million, a P/E ratio of 24.86 and a beta of 1.13. Hilton Small-MidCap Opportunity ETF has a one year low of $25.45 and a one year high of $31.17. The stock’s 50-day simple moving average is $28.98 and its 200 day simple moving average is $29.29.

About Hilton Small-MidCap Opportunity ETF

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. SMCO was launched on Nov 28, 2023 and is issued by Hilton.