SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Short Interest Update

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 2,469 shares, a decrease of 28.1% from the January 15th total of 3,436 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 2,526 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 2,526 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. United Financial Planning Group LLC acquired a new position in SPDR SSGA US Small Cap Low Volatility Index ETF during the 3rd quarter valued at about $53,000. Jones Financial Companies Lllp boosted its holdings in shares of SPDR SSGA US Small Cap Low Volatility Index ETF by 6.8% in the third quarter. Jones Financial Companies Lllp now owns 5,889 shares of the company’s stock valued at $767,000 after acquiring an additional 376 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of SPDR SSGA US Small Cap Low Volatility Index ETF during the third quarter valued at approximately $209,000. Finally, Ameriprise Financial Inc. raised its holdings in SPDR SSGA US Small Cap Low Volatility Index ETF by 1.8% during the second 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.

SPDR SSGA US Small Cap Low Volatility Index ETF Trading Up 0.8%

NYSEARCA SMLV traded up $1.20 on Monday, hitting $143.23. 1,751 shares of the stock traded hands, compared to its average volume of 3,922. The stock has a 50-day moving average of $136.96 and a 200 day moving average of $131.88. SPDR SSGA US Small Cap Low Volatility Index ETF has a twelve month low of $109.28 and a twelve month high of $144.66. The company has a market capitalization of $219.14 million, a P/E ratio of 15.79 and a beta of 0.89.

About SPDR SSGA US Small Cap Low Volatility Index ETF

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.