SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Short Interest Down 40.4% in January

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 49,304 shares, a decline of 40.4% from the January 15th total of 82,776 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 200,985 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 200,985 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

SPDR S&P 600 Small Cap Value ETF Price Performance

Shares of SPDR S&P 600 Small Cap Value ETF stock traded up $1.11 during trading on Friday, reaching $99.97. 165,147 shares of the stock traded hands, compared to its average volume of 260,478. SPDR S&P 600 Small Cap Value ETF has a 52-week low of $65.96 and a 52-week high of $102.37. The business has a fifty day simple moving average of $95.60 and a two-hundred day simple moving average of $90.42. The company has a market capitalization of $4.50 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08.

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

Several institutional investors have recently added to or reduced their stakes in the company. FAS Wealth Partners Inc. raised its stake in SPDR S&P 600 Small Cap Value ETF by 5.1% in the third quarter. FAS Wealth Partners Inc. now owns 169,137 shares of the company’s stock worth $14,994,000 after buying an additional 8,246 shares in the last quarter. Carter Financial Group INC. bought a new position in shares of SPDR S&P 600 Small Cap Value ETF in the 2nd quarter worth $918,000. Geneos Wealth Management Inc. lifted its stake in shares of SPDR S&P 600 Small Cap Value ETF by 25.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 110,056 shares of the company’s stock worth $8,778,000 after purchasing an additional 22,259 shares during the last quarter. Balance Wealth LLC bought a new stake in SPDR S&P 600 Small Cap Value ETF during the third quarter valued at about $3,421,000. Finally, Asset Dedication LLC boosted its position in SPDR S&P 600 Small Cap Value ETF by 5.5% during the second quarter. Asset Dedication LLC now owns 118,833 shares of the company’s stock valued at $9,478,000 after purchasing an additional 6,245 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.