Short Interest in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Increases By 40.8%

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 69,406 shares, a growth of 40.8% from the January 29th total of 49,304 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 187,275 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 187,275 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

SPDR S&P 600 Small Cap Value ETF Price Performance

Shares of SPDR S&P 600 Small Cap Value ETF stock opened at $98.06 on Wednesday. SPDR S&P 600 Small Cap Value ETF has a 1 year low of $65.96 and a 1 year high of $102.37. The firm has a market cap of $4.42 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08. The company has a 50-day moving average of $97.13 and a 200 day moving average of $91.91.

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

Large investors have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 4th quarter worth approximately $32,000. Sunbelt Securities Inc. boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 369.2% in the third quarter. Sunbelt Securities Inc. now owns 366 shares of the company’s stock worth $32,000 after acquiring an additional 288 shares in the last quarter. Founders Financial Alliance LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter worth $33,000. Abound Financial LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the fourth quarter worth $35,000. Finally, Brown Brothers Harriman & Co. bought a new position in shares of SPDR S&P 600 Small Cap Value ETF during the fourth quarter valued at $43,000.

About SPDR S&P 600 Small Cap Value ETF

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.