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

by · The Cerbat Gem

Intech S&P Small-Mid Cap Diversified Alpha ETF (NYSEARCA:SMDX – Get Free Report) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 2,692 shares, a decline of 51.6% from the November 30th total of 5,566 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 13,420 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 13,420 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

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

Shares of Intech S&P Small-Mid Cap Diversified Alpha ETF stock traded down $0.01 during trading on Friday, reaching $23.32. 15 shares of the stock traded hands, compared to its average volume of 24,638. Intech S&P Small-Mid Cap Diversified Alpha ETF has a 52-week low of $16.67 and a 52-week high of $23.62. The business has a fifty day simple moving average of $22.71 and a two-hundred day simple moving average of $22.14. The company has a market capitalization of $102.84 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

(Get Free Report)

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.

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