Short Interest in Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Drops By 37.2%

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 14,615 shares, a decline of 37.2% from the January 15th total of 23,264 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 46,139 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 46,139 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the company’s stock are short sold.

Zacks Small/Mid Cap Core Portfolio ETF Trading Up 1.5%

Shares of SMIZ traded up $0.57 during midday trading on Friday, reaching $39.64. The stock had a trading volume of 15,295 shares, compared to its average volume of 39,196. The firm has a market cap of $189.48 million, a PE ratio of 20.70 and a beta of 1.26. Zacks Small/Mid Cap Core Portfolio ETF has a one year low of $26.33 and a one year high of $40.32. The firm has a 50 day simple moving average of $38.52 and a 200-day simple moving average of $37.33.

Zacks Small/Mid Cap Core Portfolio ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were paid a $0.2289 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a dividend yield of 61.0%.

Institutional Trading of Zacks Small/Mid Cap Core Portfolio ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SMIZ. Cornerstone Planning Group LLC bought a new position in Zacks Small/Mid Cap Core Portfolio ETF during the 4th quarter worth approximately $26,000. CoreCap Advisors LLC increased its position in shares of Zacks Small/Mid Cap Core Portfolio ETF by 11,665.5% during the fourth quarter. CoreCap Advisors LLC now owns 3,412 shares of the company’s stock worth $126,000 after buying an additional 3,383 shares during the period. Rossby Financial LCC lifted its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 40.5% in the fourth quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock valued at $386,000 after buying an additional 3,006 shares during the period. Carter Financial Group INC. acquired a new position in Zacks Small/Mid Cap Core Portfolio ETF in the second quarter valued at $555,000. Finally, Alteri Wealth LLC boosted its position in Zacks Small/Mid Cap Core Portfolio ETF by 144.8% during the second quarter. Alteri Wealth LLC now owns 24,011 shares of the company’s stock valued at $814,000 after acquiring an additional 14,201 shares during the last quarter.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

The Zacks Small/Mid Cap ETF (SMIZ) is an exchange-traded fund that mostly invests in extended market equity. The fund aims to generate positive risk-adjusted returns by investing in small- and mid-cap US stocks. The actively managed fund selects companies based on analyst agreement, magnitude, upside, and surprise. SMIZ was launched on Oct 3, 2023 and is issued by Zacks.