SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Update

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 291,777 shares, a decline of 43.1% from the July 30th total of 513,146 shares. Based on an average trading volume of 418,668 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 1st quarter valued at $28,000. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the first quarter worth about $67,000. TD Private Client Wealth LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at approximately $72,000. Sankala Group LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at approximately $157,000. Finally, Manning & Napier Advisors LLC purchased a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 1st quarter valued at approximately $177,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Performance

Shares of NYSEARCA SPTM traded down $0.63 during mid-day trading on Tuesday, reaching $92.29. The company had a trading volume of 302,702 shares, compared to its average volume of 767,328. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a twelve month low of $76.54 and a twelve month high of $94.61. The stock’s 50 day moving average is $91.62 and its 200-day moving average is $87.64. The stock has a market capitalization of $13.81 billion, a PE ratio of 25.00 and a beta of 1.00.

About SPDR Portfolio S&P 1500 Composite Stock Market ETF

The SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is an exchange-traded fund that is based on the S&P Composite 1500 index, a market-cap-weighted index selected by the S&P Committee that covers the entire US market cap spectrum. SPTM was launched on Oct 4, 2000 and is managed by State Street.