ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Stock Short Interest Report for October

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 3,333,796 shares, an increase of 309,157.5% from the October 15th total of 1,078 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average trading volume of 927,594 shares, the short-interest ratio is presently 3.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Prasad Wealth Partners LLC increased its stake in ALPS | Smith Core Plus Bond ETF by 8.7% in the 3rd quarter. Prasad Wealth Partners LLC now owns 411,834 shares of the company’s stock valued at $10,106,000 after buying an additional 32,985 shares during the period. Meramec Financial Planners LLC raised its position in ALPS | Smith Core Plus Bond ETF by 1,490.9% during the 3rd quarter. Meramec Financial Planners LLC now owns 9,927 shares of the company’s stock worth $249,000 after buying an additional 9,303 shares during the last quarter. IAG Wealth Partners LLC acquired a new stake in shares of ALPS | Smith Core Plus Bond ETF in the 3rd quarter worth $63,000. Guardian Financial Partners LLC lifted its stake in shares of ALPS | Smith Core Plus Bond ETF by 9.1% in the 3rd quarter. Guardian Financial Partners LLC now owns 578,093 shares of the company’s stock worth $14,186,000 after acquiring an additional 48,421 shares during the period. Finally, Tenzing Financial LLC boosted its holdings in shares of ALPS | Smith Core Plus Bond ETF by 3.6% in the third quarter. Tenzing Financial LLC now owns 301,509 shares of the company’s stock valued at $7,438,000 after acquiring an additional 10,357 shares in the last quarter.

ALPS | Smith Core Plus Bond ETF Stock Performance

Shares of ALPS | Smith Core Plus Bond ETF stock traded down $0.17 during trading on Tuesday, reaching $24.94. The company’s stock had a trading volume of 424,302 shares, compared to its average volume of 566,916. The company has a 50-day moving average price of $24.87 and a two-hundred day moving average price of $25.54. ALPS | Smith Core Plus Bond ETF has a fifty-two week low of $24.34 and a fifty-two week high of $26.36.

ALPS | Smith Core Plus Bond ETF Company Profile

The ALPS/SMITH Core Plus Bond ETF (SMTH) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to global debt securities of any maturity and credit quality. The fund aims for an above-average total return. SMTH was launched on Dec 5, 2023 and is issued by SS&C.