SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Short Interest Update

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 53,026 shares, an increase of 87.4% from the February 26th total of 28,295 shares. Based on an average daily volume of 143,443 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

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

Several hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its position in SPDR S&P 600 Small Cap Growth ETF by 1.2% in the 1st quarter. Royal Bank of Canada now owns 34,447 shares of the company’s stock valued at $2,859,000 after acquiring an additional 395 shares during the period. AQR Capital Management LLC acquired a new stake in SPDR S&P 600 Small Cap Growth ETF during the 1st quarter worth approximately $203,000. Jane Street Group LLC acquired a new stake in SPDR S&P 600 Small Cap Growth ETF during the 1st quarter worth approximately $1,158,000. AlphaCore Capital LLC purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 2nd quarter valued at approximately $209,000. Finally, Global Retirement Partners LLC purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF in the 2nd quarter valued at approximately $1,789,000.

SPDR S&P 600 Small Cap Growth ETF Stock Down 1.5%

NYSEARCA:SLYG traded down $1.40 during trading hours on Friday, reaching $94.30. 144,023 shares of the company’s stock were exchanged, compared to its average volume of 190,468. SPDR S&P 600 Small Cap Growth ETF has a 1-year low of $71.62 and a 1-year high of $103.49. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 20.14 and a beta of 1.09. The company has a 50-day moving average of $99.50 and a 200 day moving average of $96.48.

About SPDR S&P 600 Small Cap Growth ETF

SPDR S&P 600 Small Cap Growth ETF (the Fund), formerly SPDR Dow Jones Small Cap Growth ETF, seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the United States equity market. The selection universe for the S&P SmallCap 600 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 Capital Market with market capitalizations between $250 million and $1.2 billion.