SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Stock Short Interest Jumps 164.3%

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 193,754 shares, a growth of 164.3% from the September 15th total of 73,296 shares. Based on an average daily trading volume, of 230,919 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SLYV. Versant Capital Management Inc bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter worth $29,000. Glenmede Trust Co. NA purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF during the first quarter valued at $30,000. Abound Financial LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the fourth quarter valued at about $35,000. Park National Corp OH bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter valued at about $39,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the first quarter valued at about $75,000.

SPDR S&P 600 Small Cap Value ETF Stock Up 0.4%

SLYV traded up $0.39 during trading on Tuesday, reaching $103.43. The company had a trading volume of 151,167 shares, compared to its average volume of 235,472. The business has a 50 day simple moving average of $107.31 and a 200-day simple moving average of $105.22. The stock has a market cap of $4.74 billion, a P/E ratio of 14.20 and a beta of 1.02. SPDR S&P 600 Small Cap Value ETF has a 52 week low of $83.89 and a 52 week high of $112.40.

SPDR S&P 600 Small Cap Value ETF Company Profile

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.