SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Stock Short Interest Report for October

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 24,861 shares, a growth of 83.7% from the September 30th total of 13,532 shares. Based on an average daily volume of 42,026 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the company’s shares are short sold.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Performance

NYSEARCA LGLV opened at $188.23 on Friday. The stock has a fifty day moving average of $182.15 and a 200-day moving average of $182.39. The stock has a market capitalization of $1.20 billion, a P/E ratio of 23.62 and a beta of 0.66. SPDR SSGA US Large Cap Low Volatility Index ETF has a 52 week low of $170.05 and a 52 week high of $192.29.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LGLV. Ethos Financial Group LLC boosted its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 10.0% in the 1st quarter. Ethos Financial Group LLC now owns 60,029 shares of the company’s stock valued at $10,575,000 after purchasing an additional 5,443 shares during the last quarter. Compass Financial Management LLC acquired a new position in SPDR SSGA US Large Cap Low Volatility Index ETF in the second quarter valued at approximately $219,000. Blue Bell Private Wealth Management LLC bought a new position in SPDR SSGA US Large Cap Low Volatility Index ETF in the third quarter valued at approximately $28,000. Finally, Olistico Wealth LLC boosted its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 229.8% in the third quarter. Olistico Wealth LLC now owns 155 shares of the company’s stock valued at $27,000 after acquiring an additional 108 shares during the last quarter.

About SPDR SSGA US Large Cap Low Volatility Index ETF

The SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) is an exchange-traded fund that is based on the SSGA US Large Cap Low Volatility index. The fund tracks an index of the least volatile large-cap US stocks. LGLV was launched on Feb 20, 2013 and is managed by State Street.