SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Short Interest Up 42.5% in December

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,453 shares, an increase of 42.5% from the November 30th total of 1,020 shares. Based on an average trading volume of 1,918 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,918 shares, the short-interest ratio is presently 0.8 days.

SPDR SSGA US Small Cap Low Volatility Index ETF Stock Performance

Shares of SMLV traded down $0.54 during mid-day trading on Tuesday, reaching $132.10. The stock had a trading volume of 2,473 shares, compared to its average volume of 4,718. The business has a fifty day moving average of $130.27 and a 200 day moving average of $128.99. The firm has a market cap of $203.43 million, a price-to-earnings ratio of 15.79 and a beta of 0.89. SPDR SSGA US Small Cap Low Volatility Index ETF has a 12 month low of $109.28 and a 12 month high of $136.62.

Institutional Investors Weigh In On SPDR SSGA US Small Cap Low Volatility Index ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its position in shares of SPDR SSGA US Small Cap Low Volatility Index ETF by 1.8% in the second quarter. Ameriprise Financial Inc. now owns 36,642 shares of the company’s stock valued at $4,584,000 after acquiring an additional 656 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of SPDR SSGA US Small Cap Low Volatility Index ETF by 6.8% during the third quarter. Jones Financial Companies Lllp now owns 5,889 shares of the company’s stock worth $767,000 after purchasing an additional 376 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in SPDR SSGA US Small Cap Low Volatility Index ETF during the 3rd quarter valued at approximately $209,000. Finally, United Financial Planning Group LLC purchased a new position in SPDR SSGA US Small Cap Low Volatility Index ETF in the 3rd quarter worth approximately $53,000.

SPDR SSGA US Small Cap Low Volatility Index ETF Company Profile

The SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) is an exchange-traded fund that is based on the SSGA US Small Cap Low Volatility index. The fund tracks an index of US small-cap stocks selected and weighted by low volatility and other factors. SMLV was launched on Feb 20, 2013 and is managed by State Street.