ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Stock Short Interest Report for October

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 3,333,796 shares, a growth of 309,157.5% from the October 15th total of 1,078 shares. Based on an average daily trading volume, of 927,594 shares, the short-interest ratio is presently 3.6 days. Approximately 2.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Annex Advisory Services LLC raised its position in ALPS | Smith Core Plus Bond ETF by 14.6% in the 2nd quarter. Annex Advisory Services LLC now owns 9,237,012 shares of the company’s stock valued at $237,761,000 after purchasing an additional 1,179,599 shares in the last quarter. Trilogy Capital Inc. increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 115.3% during the second quarter. Trilogy Capital Inc. now owns 4,184,387 shares of the company’s stock worth $107,706,000 after buying an additional 2,241,175 shares during the period. Hamilton Wealth LLC increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 98.4% during the first quarter. Hamilton Wealth LLC now owns 2,653,258 shares of the company’s stock worth $68,335,000 after buying an additional 1,315,762 shares during the period. Bank of New York Mellon Corp increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 2,208,173 shares of the company’s stock worth $56,871,000 after buying an additional 69,182 shares during the period. Finally, Lineweaver Wealth Advisors LLC raised its holdings in ALPS | Smith Core Plus Bond ETF by 2.4% in the third quarter. Lineweaver Wealth Advisors LLC now owns 1,616,963 shares of the company’s stock valued at $39,680,000 after acquiring an additional 37,324 shares in the last quarter.

ALPS | Smith Core Plus Bond ETF Stock Performance

Shares of NYSEARCA:SMTH traded down $0.17 during trading on Tuesday, hitting $24.94. The company’s stock had a trading volume of 424,302 shares, compared to its average volume of 566,916. The business has a 50 day moving average price of $24.87 and a two-hundred day moving average price of $25.54. ALPS | Smith Core Plus Bond ETF has a fifty-two week low of $24.34 and a fifty-two week high of $26.36.

ALPS | Smith Core Plus Bond ETF Company Profile

The ALPS/SMITH Core Plus Bond ETF (SMTH) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to global debt securities of any maturity and credit quality. The fund aims for an above-average total return. SMTH was launched on Dec 5, 2023 and is issued by SS&C.