Short Interest in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Drops By 52.2%

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 53,751 shares, a decrease of 52.2% from the December 15th total of 112,460 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 81,551 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 81,551 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. NorthRock Partners LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 3.1% during the second quarter. NorthRock Partners LLC now owns 1,369,003 shares of the company’s stock worth $108,740,000 after buying an additional 40,782 shares during the period. Avantax Planning Partners Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 76.4% in the 3rd quarter. Avantax Planning Partners Inc. now owns 834,328 shares of the company’s stock worth $69,591,000 after acquiring an additional 361,398 shares during the last quarter. Lutz Financial Services LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.6% during the 3rd quarter. Lutz Financial Services LLC now owns 726,188 shares of the company’s stock worth $60,571,000 after purchasing an additional 24,953 shares during the period. Benjamin Edwards Inc. boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 26.2% during the 2nd quarter. Benjamin Edwards Inc. now owns 714,877 shares of the company’s stock worth $56,783,000 after purchasing an additional 148,218 shares during the period. Finally, AE Wealth Management LLC increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 16.3% in the 3rd quarter. AE Wealth Management LLC now owns 661,703 shares of the company’s stock valued at $55,193,000 after purchasing an additional 92,682 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.5%

NYSEARCA:MDYV traded up $0.40 on Wednesday, reaching $88.82. The company’s stock had a trading volume of 74,998 shares, compared to its average volume of 81,511. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $89.02. The stock has a 50 day moving average price of $84.88 and a 200 day moving average price of $83.35. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 15.85 and a beta of 1.05.

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.