Short Interest in Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Expands By 65.2%

by · The Markets Daily

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 22,832 shares, an increase of 65.2% from the November 30th total of 13,823 shares. Based on an average daily volume of 18,645 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 18,645 shares, the days-to-cover ratio is presently 1.2 days.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

Shares of SMIZ stock traded down $0.06 during trading on Friday, reaching $38.14. The company’s stock had a trading volume of 4,921 shares, compared to its average volume of 22,452. Zacks Small/Mid Cap Core Portfolio ETF has a 1-year low of $26.33 and a 1-year high of $38.60. The stock’s 50-day moving average price is $37.39 and its 200 day moving average price is $36.16. The company has a market capitalization of $155.23 million, a price-to-earnings ratio of 20.70 and a beta of 1.26.

Institutional Trading of Zacks Small/Mid Cap Core Portfolio ETF

A number of large investors have recently modified their holdings of SMIZ. Carter Financial Group INC. purchased a new position in Zacks Small/Mid Cap Core Portfolio ETF in the second quarter valued at $555,000. Alteri Wealth LLC increased its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 144.8% during the 2nd quarter. Alteri Wealth LLC now owns 24,011 shares of the company’s stock worth $814,000 after purchasing an additional 14,201 shares during the period. Strategic Blueprint LLC raised its position in Zacks Small/Mid Cap Core Portfolio ETF by 12.6% in the 3rd quarter. Strategic Blueprint LLC now owns 63,219 shares of the company’s stock valued at $2,361,000 after purchasing an additional 7,052 shares in the last quarter. Finally, von Borstel & Associates Inc. acquired a new stake in Zacks Small/Mid Cap Core Portfolio ETF in the 3rd quarter valued at about $5,593,000.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

(Get Free Report)

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.

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