Short Interest in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Increases By 73.9%
by Renee Jackson · The Cerbat GemSPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV – Get Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 44,063 shares, a growth of 73.9% from the November 30th total of 25,341 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 115,122 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 115,122 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.
SPDR S&P 600 Small Cap Value ETF Stock Down 0.3%
Shares of NYSEARCA:SLYV traded down $0.32 during midday trading on Monday, reaching $92.32. 126,335 shares of the company were exchanged, compared to its average volume of 245,351. SPDR S&P 600 Small Cap Value ETF has a fifty-two week low of $65.96 and a fifty-two week high of $95.05. The stock has a fifty day simple moving average of $90.28 and a two-hundred day simple moving average of $86.77. The firm has a market cap of $4.24 billion, a PE ratio of 14.20 and a beta of 1.08.
Institutional Trading of SPDR S&P 600 Small Cap Value ETF
Institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. raised its position in SPDR S&P 600 Small Cap Value ETF by 369.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 366 shares of the company’s stock valued at $32,000 after buying an additional 288 shares during the last quarter. Founders Financial Alliance LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the third quarter valued at approximately $33,000. Ameriflex Group Inc. bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the second quarter worth $38,000. TD Private Client Wealth LLC acquired a new position in SPDR S&P 600 Small Cap Value ETF during the second quarter worth $40,000. Finally, Copia Wealth Management grew its position in SPDR S&P 600 Small Cap Value ETF by 35.3% in the third quarter. Copia Wealth Management now owns 514 shares of the company’s stock valued at $46,000 after purchasing an additional 134 shares in the last quarter.
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.
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