Short Interest in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Decreases By 28.4%

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 14,265 shares, a decline of 28.4% from the January 15th total of 19,934 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 140,833 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 140,833 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. MML Investors Services LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 4.8% during the 4th quarter. MML Investors Services LLC now owns 162,800 shares of the company’s stock worth $13,781,000 after acquiring an additional 7,445 shares in the last quarter. Mariner LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 13.2% during the fourth quarter. Mariner LLC now owns 127,799 shares of the company’s stock valued at $10,818,000 after purchasing an additional 14,886 shares during the period. Focus Partners Wealth lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 10.4% during the fourth quarter. Focus Partners Wealth now owns 17,428 shares of the company’s stock worth $1,475,000 after purchasing an additional 1,636 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 4.8% in the fourth quarter. Kestra Advisory Services LLC now owns 24,287 shares of the company’s stock valued at $2,056,000 after purchasing an additional 1,103 shares during the period. Finally, Wealthspire Advisors LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 17.5% during the 4th quarter. Wealthspire Advisors LLC now owns 23,276 shares of the company’s stock valued at $1,970,000 after purchasing an additional 3,461 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA:MDYV traded up $0.65 during midday trading on Monday, hitting $91.53. 76,802 shares of the company’s stock traded hands, compared to its average volume of 100,460. The firm’s fifty day moving average price is $88.08 and its two-hundred day moving average price is $84.71. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $93.10. The company has a market cap of $2.61 billion, a PE ratio of 15.85 and a beta of 1.05.

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.