ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Stock Short Interest Declines 99.5%

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,078 shares, a decline of 99.5% from the September 30th total of 206,763 shares. Based on an average daily trading volume, of 913,257 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of ALPS | Smith Core Plus Bond ETF

Several hedge funds have recently modified their holdings of the stock. Andrew Hill Investment Advisors Inc. bought a new position in shares of ALPS | Smith Core Plus Bond ETF in the 3rd quarter valued at about $295,000. Magnus Financial Group LLC bought a new stake in shares of ALPS | Smith Core Plus Bond ETF during the third quarter worth approximately $277,000. SBE LLC DBA Cedar Cove Wealth Partners raised its stake in shares of ALPS | Smith Core Plus Bond ETF by 3.3% during the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 293,601 shares of the company’s stock worth $7,205,000 after buying an additional 9,331 shares during the last quarter. Lineweaver Wealth Advisors LLC raised its stake in shares of ALPS | Smith Core Plus Bond ETF by 2.4% during the third quarter. Lineweaver Wealth Advisors LLC now owns 1,616,963 shares of the company’s stock worth $39,680,000 after buying an additional 37,324 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. lifted its holdings in ALPS | Smith Core Plus Bond ETF by 283.6% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 119,649 shares of the company’s stock valued at $2,936,000 after buying an additional 88,455 shares during the period.

ALPS | Smith Core Plus Bond ETF Trading Up 0.1%

Shares of SMTH traded up $0.02 during mid-day trading on Monday, reaching $24.83. The company had a trading volume of 412,021 shares, compared to its average volume of 547,227. ALPS | Smith Core Plus Bond ETF has a twelve month low of $24.34 and a twelve month high of $26.40. The company’s 50-day moving average is $24.94 and its 200-day moving average is $25.59.

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.