SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Short Interest Up 33.4% in February

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 19,028 shares, an increase of 33.4% from the January 29th total of 14,265 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 81,613 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 81,613 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.0%

NYSEARCA:MDYV traded up $0.04 during trading hours on Wednesday, hitting $89.37. The company’s stock had a trading volume of 62,613 shares, compared to its average volume of 93,205. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $93.10. The stock has a market capitalization of $2.55 billion, a P/E ratio of 15.85 and a beta of 1.05. The stock has a fifty day moving average of $89.19 and a 200-day moving average of $85.56.

Hedge Funds Weigh In On SPDR S&P 400 Mid Cap Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE increased 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 during the last quarter. Cary Street Partners Investment Advisory LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 0.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 15,879 shares of the company’s stock valued at $1,324,000 after buying an additional 133 shares during the last quarter. Norden Group LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 2.5% during the 4th quarter. Norden Group LLC now owns 5,593 shares of the company’s stock worth $473,000 after acquiring an additional 136 shares in the last quarter. LexAurum Advisors LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1.4% in the third quarter. LexAurum Advisors LLC now owns 10,507 shares of the company’s stock valued at $876,000 after acquiring an additional 143 shares during the last quarter. Finally, WealthPLAN Partners LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 2.5% in the third quarter. WealthPLAN Partners LLC now owns 5,908 shares of the company’s stock valued at $493,000 after acquiring an additional 146 shares during the last quarter.

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.