Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) Short Interest Update

Bahl & Gaynor Small/Mid Cap Income Growth ETF (NYSEARCA:SMIG) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 77,382 shares, a growth of 156.4% from the March 31st total of 30,176 shares. Based on an average trading volume of 224,665 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of 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 purchased 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 purchased a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the fourth quarter valued at approximately $81,000. Arkadios Wealth Advisors purchased a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the fourth quarter valued at approximately $218,000. Janney Montgomery Scott LLC boosted its stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF by 19.4% during the fourth 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 period. Finally, Transcend Capital Advisors LLC purchased a new stake in shares of Bahl & Gaynor Small/Mid Cap Income Growth ETF during the fourth quarter valued at approximately $1,338,000.

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

Shares of NYSEARCA SMIG opened at $30.86 on Tuesday. Bahl & Gaynor Small/Mid Cap Income Growth ETF has a one year low of $27.21 and a one year high of $31.83. The firm’s 50 day simple moving average is $30.28 and its two-hundred day simple moving average is $29.59. The stock has a market capitalization of $1.32 billion, a P/E ratio of 20.09 and a beta of 0.85.

Bahl & Gaynor Small/Mid Cap Income Growth ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.047 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, February 26th.

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.