Short Interest in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Drops By 52.2%

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 53,751 shares, a decrease of 52.2% from the December 15th total of 112,460 shares. Based on an average daily trading volume, of 81,551 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 81,551 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Value ETF

Large investors have recently modified their holdings of the business. AQR Capital Management LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 38.4% during the first quarter. AQR Capital Management LLC now owns 3,563 shares of the company’s stock valued at $275,000 after purchasing an additional 988 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.6% during the first quarter. NewEdge Advisors LLC now owns 6,395 shares of the company’s stock worth $493,000 after buying an additional 221 shares during the period. Goldman Sachs Group Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 7.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 261,025 shares of the company’s stock valued at $20,112,000 after acquiring an additional 18,506 shares in the last quarter. Krilogy Financial LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.5% in the 2nd quarter. Krilogy Financial LLC now owns 11,927 shares of the company’s stock valued at $947,000 after acquiring an additional 176 shares during the period. Finally, Capital Wealth Management LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.3% in the 2nd quarter. Capital Wealth Management LLC now owns 82,905 shares of the company’s stock valued at $6,585,000 after acquiring an additional 1,834 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.5%

Shares of SPDR S&P 400 Mid Cap Value ETF stock traded up $0.40 during trading on Wednesday, hitting $88.82. 74,998 shares of the stock traded hands, compared to its average volume of 81,511. The stock’s fifty day simple moving average is $84.88 and its 200 day simple moving average is $83.35. The firm has a market cap of $2.58 billion, a P/E ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $89.02.

SPDR S&P 400 Mid Cap Value ETF Company Profile

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.