SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Sees Significant Drop in Short Interest

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 14,265 shares, a drop of 28.4% from the January 15th total of 19,934 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 140,833 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 140,833 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of SPDR S&P 400 Mid Cap Value ETF

A number of hedge funds have recently made changes to their positions in the business. Caitlin John LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at about $28,000. Glass Jacobson Investment Advisors llc boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 94.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock valued at $43,000 after buying an additional 250 shares during the period. Capital A Wealth Management LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 921.3% in the 2nd quarter. Capital A Wealth Management LLC now owns 623 shares of the company’s stock valued at $46,000 after acquiring an additional 562 shares in the last quarter. US Bancorp DE raised its stake in SPDR S&P 400 Mid Cap Value ETF by 23.9% in the third quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after purchasing an additional 124 shares in the last quarter. Finally, Atwood & Palmer Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at approximately $61,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.7%

Shares of MDYV stock traded up $0.65 on Friday, hitting $91.53. 76,802 shares of the stock were exchanged, compared to its average volume of 100,460. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $65.86 and a fifty-two week high of $93.10. The firm has a market capitalization of $2.61 billion, a P/E ratio of 15.85 and a beta of 1.05. The business has a 50-day moving average of $87.94 and a 200 day moving average of $84.64.

About SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 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 CapitalMarket with market capitalizations between $850 million and $3.8 billion.