SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Sees Large Decline in Short Interest

Posted by Paula Ricardo on Mar 29th, 2026

SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Get Free Report) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 1,234,765 shares, a drop of 47.2% from the February 26th total of 2,338,947 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 4,710,987 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On SPDR Portfolio S&P 400 Mid Cap ETF

A number of institutional investors have recently modified their holdings of SPMD. ORG Partners LLC bought a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at approximately $25,000. Ballast Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter valued at approximately $26,000. Crewe Advisors LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 51.7% in the 4th quarter. Crewe Advisors LLC now owns 534 shares of the company’s stock worth $31,000 after purchasing an additional 182 shares during the last quarter. Stone House Investment Management LLC lifted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 58.3% during the 4th quarter. Stone House Investment Management LLC now owns 535 shares of the company’s stock worth $31,000 after buying an additional 197 shares in the last quarter. Finally, Elyxium Wealth LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF during the 4th quarter worth $31,000. 61.70% of the stock is owned by institutional investors.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 1.6%

SPMD stock opened at $57.96 on Friday. The firm has a 50 day moving average of $61.11 and a two-hundred day moving average of $58.97. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $63.67. The company has a market capitalization of $15.21 billion, a price-to-earnings ratio of 4.07 and a beta of 1.07.

About SPDR Portfolio S&P 400 Mid Cap ETF

(Get Free Report)

The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is managed by State Street.