SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Stock Short Interest Report for October

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 59,381 shares, an increase of 320.6% from the October 15th total of 14,119 shares. Based on an average daily trading volume, of 154,694 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Value ETF

Large investors have recently added to or reduced their stakes in the stock. Avantax Planning Partners Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $84,999,000. First Pacific Financial purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth approximately $32,359,000. Canandaigua National Bank & Trust Co. bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter valued at approximately $33,639,000. HighTower Advisors LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at approximately $26,294,000. Finally, Rodgers & Associates LTD bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at approximately $19,158,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA MDYV traded up $0.07 during mid-day trading on Friday, hitting $93.95. 82,928 shares of the company’s stock traded hands, compared to its average volume of 91,342. The company’s 50-day moving average is $91.93 and its two-hundred day moving average is $91.52. The company has a market capitalization of $2.83 billion, a P/E ratio of 16.29 and a beta of 0.97. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $79.64 and a 1 year high of $97.58.

About SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.