Short Interest in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Increases By 56.2%

SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 953,500 shares, agrowthof56.2% from the July 15th total of 610,300 shares. Based on an average trading volume of 1,127,200 shares, the short-interest ratio is currently 0.8 days. Approximately0.4% of the shares of the stock are short sold. Approximately0.4% of the shares of the stock are short sold. Based on an average trading volume of 1,127,200 shares, the short-interest ratio is currently 0.8 days.

SPDR Portfolio S&P 400 Mid Cap ETF Stock Down 0.4%

NYSEARCA:SPMD opened at $55.71 on Thursday. SPDR Portfolio S&P 400 Mid Cap ETF has a 52 week low of $43.99 and a 52 week high of $59.94. The stock has a market capitalization of $13.66 billion, a PE ratio of 3.91 and a beta of 1.13. The stock’s 50-day moving average price is $55.07 and its 200-day moving average price is $53.11.

Institutional Investors Weigh In On SPDR Portfolio S&P 400 Mid Cap ETF

Several institutional investors have recently bought and sold shares of the company. MorganRosel Wealth Management LLC purchased a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter worth approximately $26,000. LRI Investments LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 1st quarter valued at approximately $26,000. Compass Financial Services Inc acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $30,000. Twin Peaks Wealth Advisors LLC acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at approximately $32,000. Finally, Ameriflex Group Inc. acquired a new stake in SPDR Portfolio S&P 400 Mid Cap ETF in the 4th quarter valued at approximately $34,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

SPDR Portfolio S&P 400 Mid Cap ETF Company Profile

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.