Short Interest in Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Declines By 57.1%

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 20,766 shares, a decline of 57.1% from the June 30th total of 48,400 shares. Based on an average trading volume of 264,846 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Stock Performance

NYSEARCA SMIG opened at $33.49 on Monday. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a 12 month low of $27.66 and a 12 month high of $33.70. The stock has a market cap of $1.54 billion, a P/E ratio of 20.09 and a beta of 0.82. The stock’s fifty day moving average price is $32.36 and its 200-day moving average price is $31.10.

Institutional Investors Weigh In On Bahl & Gaynor Small/Mid Cap Income Growth ETF

A number of institutional investors have recently made changes to their positions in SMIG. Parallel Advisors LLC bought a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the fourth quarter valued at approximately $27,000. Cornerstone Financial Management LLC bought a new position in Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter valued at approximately $81,000. Arkadios Wealth Advisors purchased a new stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF during the 4th quarter valued at $218,000. Janney Montgomery Scott LLC boosted its stake in Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,317 shares of the company’s stock valued at $470,000 after purchasing an additional 2,656 shares during the last quarter. Finally, Transcend Capital Advisors LLC bought a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF in the 4th quarter worth $1,338,000.

About Bahl & Gaynor Small/Mid Cap Income Growth ETF

The AAM Bahl & Gaynor Small\u002FMid Cap Income Growth ETF (SMIG) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that invests in US mid and small-cap companies that selects and weights securities based on the advisers assessment. SMIG was launched on Aug 25, 2021 and is managed by AAM.