SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Stock Short Interest Jumps 116.0%

by · The Cerbat Gem

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 90,070 shares, an increase of 116.0% from the September 30th total of 41,692 shares. Based on an average trading volume of 148,540 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the company’s shares are sold short.

SPDR S&P 600 Small Cap Growth ETF Price Performance

NYSEARCA:SLYG traded down $1.75 during trading hours on Friday, reaching $109.76. 118,066 shares of the stock were exchanged, compared to its average volume of 160,803. The stock has a market cap of $4.70 billion, a PE ratio of 20.14 and a beta of 1.05. SPDR S&P 600 Small Cap Growth ETF has a twelve month low of $88.67 and a twelve month high of $119.84. The firm has a 50 day moving average of $110.02 and a 200 day moving average of $107.76.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Growth ETF

Several institutional investors have recently made changes to their positions in SLYG. NorthRock Partners LLC lifted its stake in SPDR S&P 600 Small Cap Growth ETF by 7.3% in the second quarter. NorthRock Partners LLC now owns 732,397 shares of the company’s stock worth $87,250,000 after acquiring an additional 50,101 shares during the last quarter. Everhart Financial Group Inc. lifted its position in shares of SPDR S&P 600 Small Cap Growth ETF by 5.4% during the 3rd quarter. Everhart Financial Group Inc. now owns 567,965 shares of the company’s stock valued at $60,755,000 after acquiring an additional 29,206 shares during the period. Cetera Investment Advisers boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 10.3% during the 1st quarter. Cetera Investment Advisers now owns 474,052 shares of the company’s stock worth $45,803,000 after purchasing an additional 44,305 shares during the last quarter. FAS Wealth Partners Inc. raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 3.6% in the 1st quarter. FAS Wealth Partners Inc. now owns 342,972 shares of the company’s stock worth $33,138,000 after buying an additional 12,017 shares during the period. Finally, Avantax Planning Partners Inc. boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 5.1% in the first quarter. Avantax Planning Partners Inc. now owns 333,499 shares of the company’s stock valued at $32,223,000 after purchasing an additional 16,158 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Company Profile

(Get Free Report)

SPDR S&P 600 Small Cap Growth ETF (the Fund), formerly SPDR Dow Jones Small Cap Growth ETF, seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the United States equity market. The selection universe for the S&P SmallCap 600 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 Capital Market with market capitalizations between $250 million and $1.2 billion.

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