SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sees Significant Increase in Short Interest

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 162,357 shares, a growth of 1,059.9% from the March 15th total of 13,998 shares. Based on an average trading volume of 320,684 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s stock are sold short.

SPDR S&P 600 Small Cap Value ETF Trading Down 0.3%

NYSEARCA:SLYV traded down $0.29 during trading hours on Friday, hitting $98.10. The stock had a trading volume of 200,898 shares, compared to its average volume of 265,042. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $67.67 and a 1-year high of $102.37. The business has a 50 day simple moving average of $96.84 and a two-hundred day simple moving average of $93.20. The company has a market cap of $4.21 billion, a PE ratio of 14.20 and a beta of 1.00.

Institutional Trading of SPDR S&P 600 Small Cap Value ETF

A number of hedge funds have recently made changes to their positions in the stock. Freedom Investment Management Inc. grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 1.0% during the fourth quarter. Freedom Investment Management Inc. now owns 10,065 shares of the company’s stock worth $916,000 after buying an additional 100 shares in the last quarter. UMB Bank n.a. grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 26.0% during the fourth quarter. UMB Bank n.a. now owns 494 shares of the company’s stock worth $45,000 after buying an additional 102 shares in the last quarter. CoreCap Advisors LLC grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 0.6% during the fourth quarter. CoreCap Advisors LLC now owns 17,728 shares of the company’s stock worth $1,613,000 after buying an additional 105 shares in the last quarter. Trueblood Wealth Management LLC grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 0.6% during the fourth quarter. Trueblood Wealth Management LLC now owns 19,169 shares of the company’s stock worth $1,744,000 after buying an additional 110 shares in the last quarter. Finally, Partners in Financial Planning grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 0.4% during the third quarter. Partners in Financial Planning now owns 31,249 shares of the company’s stock worth $2,770,000 after buying an additional 113 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.