SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Stock Short Interest Report for September

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 44,643 shares, a decline of 55.5% from the September 15th total of 100,307 shares. Based on an average daily volume of 96,948 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of SPDR S&P 400 Mid Cap Value ETF

Several hedge funds have recently bought and sold shares of the stock. Avior Wealth Management LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at about $6,347,000. Sacks & Associates LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $3,850,000. Councilor Wealth LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $4,903,000. Montz Harcus Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $3,738,000. Finally, RTD Financial Advisors Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $4,336,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock traded up $0.36 during mid-day trading on Tuesday, hitting $90.64. The company had a trading volume of 97,959 shares, compared to its average volume of 85,998. The stock’s 50 day moving average price is $93.33 and its 200-day moving average price is $92.18. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $79.64 and a 52-week high of $97.58. The company has a market capitalization of $2.73 billion, a P/E ratio of 15.85 and a beta of 0.97.

About SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 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 CapitalMarket with market capitalizations between $850 million and $3.8 billion.