SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sees Large Decrease in Short Interest

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 105,729 shares, a decrease of 45.4% from the September 30th total of 193,754 shares. Based on an average trading volume of 220,337 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

SPDR S&P 600 Small Cap Value ETF Price Performance

SLYV stock traded down $0.86 during midday trading on Friday, hitting $105.95. The stock had a trading volume of 119,384 shares, compared to its average volume of 236,887. The business has a 50-day moving average of $105.65 and a two-hundred day moving average of $103.18. The firm has a market cap of $4.85 billion, a price-to-earnings ratio of 14.20 and a beta of 1.02. SPDR S&P 600 Small Cap Value ETF has a 52-week low of $83.89 and a 52-week high of $112.40.

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

Several large investors have recently modified their holdings of SLYV. Wrenne Financial Planning LLC purchased a new position in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter valued at about $22,331,000. Chicago Partners Investment Group LLC bought a new stake in SPDR S&P 600 Small Cap Value ETF in the 3rd quarter valued at $4,504,000. Optimist Retirement Group LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter worth about $13,724,000. One Day In July LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter worth approximately $23,249,000. Finally, Associated Banc Corp bought a new position in SPDR S&P 600 Small Cap Value ETF during the third quarter valued at $292,000.

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.