Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Sees Significant Decline in Short Interest

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 4,300 shares, a drop of 44.9% from the December 15th total of 7,800 shares. Based on an average trading volume of 4,700 shares, the days-to-cover ratio is presently 0.9 days.

Hilton Small-MidCap Opportunity ETF Stock Performance

Shares of NASDAQ:SMCO traded up $0.25 during trading hours on Thursday, reaching $26.66. The stock had a trading volume of 1,660 shares, compared to its average volume of 4,796. Hilton Small-MidCap Opportunity ETF has a 1 year low of $21.03 and a 1 year high of $27.55. The firm’s 50 day moving average is $26.33 and its 200-day moving average is $25.04. The stock has a market capitalization of $105.29 million, a price-to-earnings ratio of 22.19 and a beta of 1.04.

Hilton Small-MidCap Opportunity ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 18th. Shareholders of record on Tuesday, December 17th were paid a $0.1186 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Hilton Small-MidCap Opportunity ETF Company Profile

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.