SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Short Interest Update

SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,104,391 shares, a decrease of 34.8% from the June 15th total of 1,693,482 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 944,747 shares, the short-interest ratio is presently 1.2 days.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.5%

NYSEARCA:MDY opened at $692.99 on Friday. The business’s 50-day simple moving average is $683.10 and its two-hundred day simple moving average is $653.80. The stock has a market cap of $27.35 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $559.89 and a 52 week high of $704.45.

Institutional Trading of SPDR S&P MidCap 400 ETF Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sound Income Strategies LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% in the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 32 shares during the period. High Point Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $34,000. EFG International AG bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $40,000. Ascentis Independent Advisors bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 51 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Company Profile

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.