Intech S&P Small-Mid Cap Diversified Alpha ETF (NYSEARCA:SMDX) Sees Large Drop in Short Interest

Intech S&P Small-Mid Cap Diversified Alpha ETF (NYSEARCA:SMDX) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 2,105 shares, a decrease of 13.9% from the February 26th total of 2,444 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 64 shares, the days-to-cover ratio is presently 32.9 days.

Intech S&P Small-Mid Cap Diversified Alpha ETF Stock Performance

Shares of NYSEARCA:SMDX opened at $23.54 on Wednesday. The company has a 50-day simple moving average of $24.15 and a 200-day simple moving average of $23.29. Intech S&P Small-Mid Cap Diversified Alpha ETF has a one year low of $16.67 and a one year high of $25.07. The stock has a market capitalization of $115.35 million, a price-to-earnings ratio of 15.81 and a beta of 1.46.

About Intech S&P Small-Mid Cap Diversified Alpha ETF

The Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund of US small- to mid-cap companies found in the S&P 1000 Index. It utilizes volatility, correlation, profitability, and valuations to identify and select stocks. SMDX was launched on Feb 27, 2025 and is issued by Tidal.