SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Short Interest Down 28.1% in January

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SMLV. Grey Fox Wealth Advisors LLC bought a new stake in shares of SPDR SSGA US Small Cap Low Volatility Index ETF in the 3rd quarter valued at about $209,000. Ameriprise Financial Inc. increased its stake in SPDR SSGA US Small Cap Low Volatility Index ETF by 1.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 36,642 shares of the company’s stock worth $4,584,000 after purchasing an additional 656 shares during the period. United Financial Planning Group LLC bought a new stake in SPDR SSGA US Small Cap Low Volatility Index ETF in the third quarter valued at approximately $53,000. Finally, Jones Financial Companies Lllp lifted its position in 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 purchasing an additional 376 shares during the last quarter.

SPDR SSGA US Small Cap Low Volatility Index ETF Stock Performance

SMLV stock opened at $143.23 on Friday. The firm has a market cap of $219.14 million, a P/E ratio of 15.79 and a beta of 0.89. The firm’s fifty day moving average is $136.72 and its 200 day moving average is $131.66. SPDR SSGA US Small Cap Low Volatility Index ETF has a 52 week low of $109.28 and a 52 week high of $144.66.

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.