Short Interest in SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Declines By 28.1%

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 2,469 shares, a decline of 28.1% from the January 15th total of 3,436 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 2,526 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 2,526 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the shares of the stock are short sold.

SPDR SSGA US Small Cap Low Volatility Index ETF Stock Performance

SMLV stock opened at $143.23 on Friday. The stock’s 50 day moving average price is $136.72 and its 200 day moving average price is $131.66. The firm has a market cap of $219.14 million, a P/E ratio of 15.79 and a beta of 0.89. SPDR SSGA US Small Cap Low Volatility Index ETF has a 1 year low of $109.28 and a 1 year high of $144.66.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. United Financial Planning Group LLC purchased a new position in shares of SPDR SSGA US Small Cap Low Volatility Index ETF during the 3rd quarter worth $53,000. Grey Fox Wealth Advisors LLC acquired a new position in SPDR SSGA US Small Cap Low Volatility Index ETF in the third quarter valued at $209,000. Jones Financial Companies Lllp lifted its position in SPDR SSGA US Small Cap Low Volatility Index ETF by 6.8% during the third quarter. Jones Financial Companies Lllp now owns 5,889 shares of the company’s stock worth $767,000 after buying an additional 376 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in SPDR SSGA US Small Cap Low Volatility Index ETF by 1.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 36,642 shares of the company’s stock worth $4,584,000 after buying an additional 656 shares during the last quarter.

About SPDR SSGA US Small Cap Low Volatility Index ETF

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.