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

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the recipient of a significant increase in short interest in 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 trading volume, of 18,645 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,645 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

A number of large investors have recently made changes to their positions in SMIZ. von Borstel & Associates Inc. acquired a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF in the third quarter valued at about $5,593,000. Strategic Blueprint LLC increased its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 12.6% in the third quarter. Strategic Blueprint LLC now owns 63,219 shares of the company’s stock valued at $2,361,000 after buying an additional 7,052 shares in the last quarter. Alteri Wealth LLC increased its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 52.3% in the third quarter. Alteri Wealth LLC now owns 36,565 shares of the company’s stock valued at $1,366,000 after buying an additional 12,554 shares in the last quarter. Finally, Carter Financial Group INC. acquired a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF during the 2nd quarter valued at approximately $555,000.

Zacks Small/Mid Cap Core Portfolio ETF Stock Performance

NYSEARCA:SMIZ traded down $0.06 during trading hours on Friday, hitting $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 52-week low of $26.33 and a 52-week high of $38.60. The business’s 50-day moving average is $37.39 and its two-hundred day moving average is $36.16. The company has a market capitalization of $155.23 million, a PE ratio of 20.70 and a beta of 1.26.

About Zacks Small/Mid Cap Core Portfolio ETF

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.