Short Interest in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Grows By 31.9%

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 58,135 shares, a growth of 31.9% from the December 15th total of 44,063 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 136,896 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 136,896 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

SPDR S&P 600 Small Cap Value ETF Price Performance

Shares of SLYV opened at $97.56 on Friday. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $65.96 and a 1-year high of $98.20. The stock has a market cap of $4.40 billion, a PE ratio of 14.20 and a beta of 1.08. The firm has a fifty day moving average price of $91.82 and a 200 day moving average price of $88.23.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. boosted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 369.2% in the third quarter. Sunbelt Securities Inc. now owns 366 shares of the company’s stock valued at $32,000 after acquiring an additional 288 shares during the period. Founders Financial Alliance LLC acquired a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter valued at $33,000. Ameriflex Group Inc. purchased a new stake in SPDR S&P 600 Small Cap Value ETF in the 2nd quarter valued at $38,000. TD Private Client Wealth LLC acquired a new stake in SPDR S&P 600 Small Cap Value ETF during the 2nd quarter worth $40,000. Finally, Copia Wealth Management grew its position in SPDR S&P 600 Small Cap Value ETF by 35.3% during the 3rd quarter. Copia Wealth Management now owns 514 shares of the company’s stock worth $46,000 after purchasing an additional 134 shares during 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.