SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Stock Short Interest Climbs 164.3%

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 193,754 shares, a growth of 164.3% from the September 15th total of 73,296 shares. Based on an average daily volume of 230,919 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are short sold.

SPDR S&P 600 Small Cap Value ETF Price Performance

NYSEARCA SLYV traded down $1.52 on Wednesday, hitting $101.91. 137,622 shares of the company’s stock were exchanged, compared to its average volume of 234,975. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 14.20 and a beta of 1.02. The firm’s 50-day moving average price is $107.31 and its two-hundred day moving average price is $105.22. SPDR S&P 600 Small Cap Value ETF has a fifty-two week low of $83.89 and a fifty-two week high of $112.40.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. NorthRock Partners LLC boosted its position in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% in the 2nd quarter. NorthRock Partners LLC now owns 834,093 shares of the company’s stock worth $91,008,000 after buying an additional 36,181 shares in the last quarter. Fragasso Financial Advisors Inc acquired a new stake in SPDR S&P 600 Small Cap Value ETF in the 3rd quarter valued at about $31,517,000. Waverly Advisors LLC increased its holdings in SPDR S&P 600 Small Cap Value ETF by 418.4% during the 1st quarter. Waverly Advisors LLC now owns 235,509 shares of the company’s stock valued at $22,274,000 after acquiring an additional 190,080 shares in the last quarter. Canandaigua National Bank & Trust Co. purchased a new position in SPDR S&P 600 Small Cap Value ETF during the 2nd quarter valued at about $23,930,000. Finally, One Day In July LLC increased its holdings in SPDR S&P 600 Small Cap Value ETF by 8.8% during the 1st quarter. One Day In July LLC now owns 201,263 shares of the company’s stock valued at $19,035,000 after acquiring an additional 16,341 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Company Profile

SPDR S&P 600 Small Cap Value ETF, formerly SPDR Dow Jones Small Cap Value ETF, focuses to provide investment results, which correspond to the total return performance of an index, which tracks the performance of small capitalization exchange traded the United States equity securities exhibiting value characteristics. In seeking to track the performance of the S&P Small Cap 600 Value Index (the Index), the Fund employs a replication strategy. The Index measures the performance of the small-capitalization value sector in the United States equity market.