SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Short Interest Up 42.5% in December

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,453 shares, a growth of 42.5% from the November 30th total of 1,020 shares. Based on an average daily volume of 1,918 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,918 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On SPDR SSGA US Small Cap Low Volatility Index ETF

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

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

SMLV stock traded down $0.71 during midday trading on Monday, reaching $132.42. 1,090 shares of the company’s stock traded hands, compared to its average volume of 4,727. The firm’s fifty day moving average price is $130.14 and its 200-day moving average price is $128.87. SPDR SSGA US Small Cap Low Volatility Index ETF has a 52 week low of $109.28 and a 52 week high of $136.62. The company has a market cap of $203.93 million, a price-to-earnings ratio of 15.79 and a beta of 0.89.

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.