SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Short Interest Down 62.9% in January

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 19,934 shares, a decline of 62.9% from the December 31st total of 53,751 shares. Based on an average daily trading volume, of 79,081 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 79,081 shares, the days-to-cover ratio is currently 0.3 days.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV opened at $88.54 on Wednesday. The stock’s 50-day moving average is $86.16 and its two-hundred day moving average is $83.83. The stock has a market cap of $2.57 billion, a PE ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $65.86 and a 12 month high of $90.61.

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 company. Caitlin John LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth $28,000. Glass Jacobson Investment Advisors llc grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 94.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock worth $43,000 after acquiring an additional 250 shares in the last quarter. Capital A Wealth Management LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 921.3% in the 2nd quarter. Capital A Wealth Management LLC now owns 623 shares of the company’s stock valued at $46,000 after acquiring an additional 562 shares during the last quarter. US Bancorp DE grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% during the 3rd quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after buying an additional 124 shares during the last quarter. Finally, Atwood & Palmer Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $61,000.

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.