SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Stock Short Interest Rises 56.4%

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 890,122 shares, a growth of 56.4% from the August 31st total of 569,073 shares. Based on an average daily volume of 2,462,465 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

SPDR Portfolio S&P 600 Small Cap ETF Stock Down 0.7%

SPSM stock traded down $0.35 during trading on Wednesday, hitting $52.86. The company had a trading volume of 2,106,300 shares, compared to its average volume of 2,085,624. The firm has a 50-day moving average price of $56.23 and a 200-day moving average price of $54.18. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $43.66 and a 12 month high of $58.60. The stock has a market cap of $15.64 billion, a price-to-earnings ratio of 17.02 and a beta of 1.01.

Hedge Funds Weigh In On SPDR Portfolio S&P 600 Small Cap ETF

Several large investors have recently made changes to their positions in the company. Community Financial Services Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF in the second quarter worth about $25,000. Brown Lisle Cummings Inc. bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF during the 1st quarter valued at $27,000. Private Wealth Management Group LLC acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 1st quarter valued at $29,000. Blue Trust Inc. boosted its position in shares of SPDR Portfolio S&P 600 Small Cap ETF by 773.2% in the 1st quarter. Blue Trust Inc. now owns 716 shares of the company’s stock worth $35,000 after purchasing an additional 634 shares during the last quarter. Finally, MCF Advisors LLC bought a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter worth $37,000.

SPDR Portfolio S&P 600 Small Cap ETF Company Profile

(Get Free Report)

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of US small-cap stocks selected by the S&P Committee. SPSM was launched on Jul 8, 2013 and is managed by State Street.

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