SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Stock Short Interest Rises 56.4%

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 890,122 shares, a growth of 56.4% from the August 31st total of 569,073 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 2,462,465 shares, the short-interest ratio is presently 0.4 days.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of SPDR Portfolio S&P 600 Small Cap ETF stock traded down $0.35 during trading on Wednesday, hitting $52.86. 2,106,300 shares of the company’s stock traded hands, compared to its average volume of 2,085,624. The company has a market cap of $15.64 billion, a PE ratio of 17.02 and a beta of 1.01. The firm’s fifty day moving average price is $56.23 and its 200 day moving average price is $54.18. SPDR Portfolio S&P 600 Small Cap ETF has a twelve month low of $43.66 and a twelve month high of $58.60.

Institutional Trading of SPDR Portfolio S&P 600 Small Cap ETF

Several institutional investors have recently bought and sold shares of SPSM. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 26,990,277 shares of the company’s stock valued at $1,264,764,000 after acquiring an additional 1,362,095 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 2.1% in the first quarter. Valmark Advisers Inc. now owns 5,412,325 shares of the company’s stock valued at $261,524,000 after buying an additional 109,719 shares during the last quarter. Bank of America Corp DE lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.3% during the 1st quarter. Bank of America Corp DE now owns 3,927,202 shares of the company’s stock worth $189,762,000 after buying an additional 86,868 shares in the last quarter. Texas Permanent School Fund Corp lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 0.4% during the 4th quarter. Texas Permanent School Fund Corp now owns 1,810,603 shares of the company’s stock worth $84,845,000 after buying an additional 6,486 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 1.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,776,135 shares of the company’s stock worth $102,430,000 after acquiring an additional 19,008 shares during the last quarter.

SPDR Portfolio S&P 600 Small Cap ETF Company Profile

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of US small-cap stocks selected by the S&P Committee. SPSM was launched on Jul 8, 2013 and is managed by State Street.