Short Interest in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Declines By 93.8%

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, a drop of 93.8% from the February 28th total of 17,800 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Hilton Small-MidCap Opportunity ETF Stock Down 1.1 %

SMCO opened at $24.03 on Thursday. Hilton Small-MidCap Opportunity ETF has a 52 week low of $22.11 and a 52 week high of $27.55. The company has a market capitalization of $102.13 million, a P/E ratio of 25.82 and a beta of 1.04. The stock’s fifty day moving average is $25.46 and its two-hundred day moving average is $25.57.

About Hilton Small-MidCap Opportunity ETF

The Hilton Small-MidCap Opportunity ETF (SMCO) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that focuses on generating returns while minimizing risk through its proprietary Small & Mid Cap Opportunities investment process (SMCO), which attempts to identify undervalued US stocks in the small- and mid-cap space.