Short Interest in SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Rises By 75.5%

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 4,013 shares, a growth of 75.5% from the February 12th total of 2,287 shares. Based on an average daily volume of 2,876 shares, the short-interest ratio is presently 1.4 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 2,876 shares, the short-interest ratio is presently 1.4 days.

SPDR SSGA US Small Cap Low Volatility Index ETF Stock Down 0.5%

Shares of NYSEARCA SMLV traded down $0.65 during trading hours on Friday, hitting $135.07. The company had a trading volume of 2,716 shares, compared to its average volume of 4,188. The stock has a market capitalization of $206.66 million, a P/E ratio of 15.79 and a beta of 0.89. SPDR SSGA US Small Cap Low Volatility Index ETF has a 1-year low of $109.28 and a 1-year high of $144.66. The firm’s 50 day moving average is $139.56 and its 200-day moving average is $133.59.

Institutional Trading of SPDR SSGA US Small Cap Low Volatility Index ETF

Large investors have recently added to or reduced their stakes in the company. United Financial Planning Group LLC bought a new position in shares of SPDR SSGA US Small Cap Low Volatility Index ETF in the 3rd quarter valued at about $53,000. Jones Financial Companies Lllp raised its holdings in shares of SPDR SSGA US Small Cap Low Volatility Index ETF by 6.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,889 shares of the company’s stock valued at $767,000 after purchasing an additional 376 shares during the period. Grey Fox Wealth Advisors LLC bought a new stake in shares of SPDR SSGA US Small Cap Low Volatility Index ETF in the 3rd quarter valued at about $209,000. Finally, Ameriprise Financial Inc. lifted its stake in SPDR SSGA US Small Cap Low Volatility Index ETF by 1.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 36,642 shares of the company’s stock valued at $4,584,000 after purchasing an additional 656 shares during the last quarter.

SPDR SSGA US Small Cap Low Volatility Index ETF Company Profile

The SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) is an exchange-traded fund that is based on the SSGA US Small Cap Low Volatility index. The fund tracks an index of US small-cap stocks selected and weighted by low volatility and other factors. SMLV was launched on Feb 20, 2013 and is managed by State Street.