SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Stock Short Interest Jumps 159.3%

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 8,318 shares, an increase of 159.3% from the October 15th total of 3,208 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 9,203 shares, the short-interest ratio is presently 0.9 days.

SPDR SSGA US Small Cap Low Volatility Index ETF Trading Down 0.1%

SPDR SSGA US Small Cap Low Volatility Index ETF stock traded down $0.13 during midday trading on Friday, reaching $156.20. The stock had a trading volume of 621 shares, compared to its average volume of 4,225. SPDR SSGA US Small Cap Low Volatility Index ETF has a 12 month low of $124.22 and a 12 month high of $163.75. The company has a market capitalization of $260.86 million, a P/E ratio of 16.00 and a beta of 0.78. The company has a fifty day moving average price of $154.18 and a two-hundred day moving average price of $150.12.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SPDR SSGA US Small Cap Low Volatility Index ETF stock. Harbour Investments Inc. purchased a new stake in SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,105 shares of the company’s stock, valued at approximately $316,000. Harbour Investments Inc. owned 0.13% of SPDR SSGA US Small Cap Low Volatility Index ETF at the end of the most recent quarter.

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.