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

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 58,135 shares, an increase of 31.9% from the December 15th total of 44,063 shares. Based on an average daily volume of 136,896 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 136,896 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Value ETF

Several institutional investors have recently bought and sold shares of SLYV. Bank of America Corp DE lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% during the 3rd quarter. Bank of America Corp DE now owns 2,273,012 shares of the company’s stock valued at $201,502,000 after purchasing an additional 97,895 shares during the last quarter. Cannon Financial Strategists Inc. increased its position in SPDR S&P 600 Small Cap Value ETF by 1.1% during the 2nd quarter. Cannon Financial Strategists Inc. now owns 952,755 shares of the company’s stock valued at $75,992,000 after buying an additional 10,593 shares in the last quarter. NorthRock Partners LLC raised its stake in SPDR S&P 600 Small Cap Value ETF by 4.9% in the second quarter. NorthRock Partners LLC now owns 788,734 shares of the company’s stock valued at $62,910,000 after buying an additional 36,911 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 3.0% in the third quarter. Ameriprise Financial Inc. now owns 693,161 shares of the company’s stock worth $61,476,000 after acquiring an additional 20,476 shares in the last quarter. Finally, Symphony Financial Ltd. Co. boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 1,467.7% in the second quarter. Symphony Financial Ltd. Co. now owns 585,013 shares of the company’s stock worth $46,953,000 after acquiring an additional 547,696 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Price Performance

SPDR S&P 600 Small Cap Value ETF stock traded down $0.41 during trading hours on Monday, reaching $97.56. The stock had a trading volume of 150,994 shares, compared to its average volume of 371,245. SPDR S&P 600 Small Cap Value ETF has a 52 week low of $65.96 and a 52 week high of $98.20. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 14.20 and a beta of 1.08. The business’s 50 day moving average price is $91.82 and its 200-day moving average price is $88.27.

SPDR S&P 600 Small Cap Value ETF Company Profile

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.