SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Short Interest Update

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 171,660 shares, a growth of 123.1% from the April 15th total of 76,943 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 310,966 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On SPDR S&P 600 Small Cap Growth ETF

Several hedge funds have recently made changes to their positions in SLYG. Stone House Investment Management LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 4th quarter worth approximately $26,000. Optima Capital LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the 4th quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 4th quarter valued at about $28,000. Monetary Solutions Ltd bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 4th quarter valued at about $29,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 4th quarter valued at about $30,000.

SPDR S&P 600 Small Cap Growth ETF Stock Down 1.8%

Shares of SLYG opened at $105.79 on Friday. The stock has a market capitalization of $4.57 billion, a P/E ratio of 20.14 and a beta of 1.07. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $83.55 and a twelve month high of $110.00. The company has a 50 day moving average of $101.71 and a 200-day moving average of $98.84.

SPDR S&P 600 Small Cap Growth ETF Company Profile

SPDR S&P 600 Small Cap Growth ETF (the Fund), formerly SPDR Dow Jones Small Cap Growth ETF, seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the United States equity market. The selection universe for the S&P SmallCap 600 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $250 million and $1.2 billion.