SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Short Interest Update

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 13,998 shares, an increase of 130.8% from the February 26th total of 6,066 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 268,139 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Morningstar Investment Management LLC purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter valued at approximately $35,515,000. Dean Jacobson Financial Services LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the 3rd quarter worth approximately $24,536,000. OpenArc Corporate Advisory LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the 4th quarter worth approximately $23,409,000. WCG Wealth Advisors LLC increased its stake in SPDR S&P 600 Small Cap Value ETF by 180.6% during the 4th quarter. WCG Wealth Advisors LLC now owns 370,199 shares of the company’s stock valued at $33,678,000 after purchasing an additional 238,253 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 2.6% in the fourth quarter. LPL Financial LLC now owns 5,653,562 shares of the company’s stock worth $514,305,000 after buying an additional 141,113 shares during the last quarter.

SPDR S&P 600 Small Cap Value ETF Trading Down 1.7%

Shares of NYSEARCA SLYV traded down $1.57 during trading hours on Friday, hitting $93.06. 188,337 shares of the company traded hands, compared to its average volume of 268,389. The company’s 50 day moving average price is $97.17 and its 200 day moving average price is $92.72. SPDR S&P 600 Small Cap Value ETF has a 12 month low of $65.96 and a 12 month high of $102.37. The stock has a market capitalization of $4.19 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08.

About SPDR S&P 600 Small Cap Value ETF

SPDR S&P 600 Small Cap Value ETF, formerly SPDR Dow Jones Small Cap Value ETF, focuses to provide investment results, which correspond to the total return performance of an index, which tracks the performance of small capitalization exchange traded the United States equity securities exhibiting value characteristics. In seeking to track the performance of the S&P Small Cap 600 Value Index (the Index), the Fund employs a replication strategy. The Index measures the performance of the small-capitalization value sector in the United States equity market.