SMID Cap Diversified Value ETF (NASDAQ:HWSM) Sees Significant Growth in Short Interest

SMID Cap Diversified Value ETF (NASDAQ:HWSM) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 687 shares, a growth of 758.8% from the June 15th total of 80 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 148 shares, the days-to-cover ratio is currently 4.6 days.

SMID Cap Diversified Value ETF Stock Performance

Shares of NASDAQ:HWSM traded up $0.19 during midday trading on Friday, reaching $30.93. The company had a trading volume of 8 shares, compared to its average volume of 275. SMID Cap Diversified Value ETF has a 1-year low of $25.00 and a 1-year high of $30.93. The firm has a market cap of $2.78 million, a price-to-earnings ratio of 11.93 and a beta of 0.61. The company has a fifty day simple moving average of $29.77 and a two-hundred day simple moving average of $28.70.

About SMID Cap Diversified Value ETF

The Hotchkis & Wiley SMID Cap Diversified Value Fund (HWSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that targets undervalued small- and mid-cap stocks that are often out of favor or considered overlooked by investors. Holdings are selected based on fundamentals and weighted based on analyst conviction. HWSM was launched on Mar 31, 2025 and is issued by Hotchkis & Wiley.