SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Short Interest Down 30.0% in September

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 700 shares, a decrease of 30.0% from the August 31st total of 1,000 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 3,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SPDR SSGA US Small Cap Low Volatility Index ETF stock. Ameriprise Financial Inc. lifted its holdings in shares of SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,642 shares of the company’s stock after purchasing an additional 656 shares during the quarter. Ameriprise Financial Inc. owned 2.32% of SPDR SSGA US Small Cap Low Volatility Index ETF worth $4,584,000 at the end of the most recent quarter.

SPDR SSGA US Small Cap Low Volatility Index ETF Stock Up 0.4%

Shares of NYSEARCA SMLV opened at $129.94 on Monday. SPDR SSGA US Small Cap Low Volatility Index ETF has a twelve month low of $109.28 and a twelve month high of $142.43. The stock has a market cap of $200.11 million, a price-to-earnings ratio of 15.79 and a beta of 0.98. The company’s fifty day moving average is $129.60 and its 200-day moving average is $124.97.

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.