SMART Mid Cap ETF (NYSEARCA:SMCP) Short Interest Down 94.9% in July

SMART Mid Cap ETF (NYSEARCA:SMCP) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 389 shares, a decrease of 94.9% from the June 30th total of 7,605 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 3,963 shares, the short-interest ratio is presently 0.1 days.

SMART Mid Cap ETF Price Performance

NYSEARCA:SMCP traded down $0.27 during midday trading on Friday, reaching $24.64. The stock had a trading volume of 387 shares, compared to its average volume of 2,902. The stock has a market capitalization of $4.44 million, a P/E ratio of 13.61 and a beta of -1.50. SMART Mid Cap ETF has a 1-year low of $23.29 and a 1-year high of $25.85. The firm’s fifty day simple moving average is $24.51 and its 200-day simple moving average is $29.59.

About SMART Mid Cap ETF

The AlphaMark Actively Managed Small Cap ETF (SMCP) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively-managed portfolio of ETFs that holds small-cap stocks. SMCP was launched on Apr 21, 2015 and is issued by AlphaMark.