SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) Short Interest Update

SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 67,061 shares, a drop of 52.4% from the June 15th total of 140,964 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 93,289 shares, the days-to-cover ratio is presently 0.7 days.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA:MDYG traded down $0.07 during trading hours on Wednesday, reaching $108.35. The stock had a trading volume of 99,650 shares, compared to its average volume of 90,682. The stock has a market capitalization of $2.83 billion, a PE ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $86.23 and a 52 week high of $112.17. The company has a 50 day moving average price of $108.51 and a two-hundred day moving average price of $102.26.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Growth ETF

Large investors have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. bought a new position in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter valued at $30,000. KERR FINANCIAL PLANNING Corp raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 50.0% during the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock valued at $34,000 after buying an additional 114 shares in the last quarter. JFS Wealth Advisors LLC raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 28.2% during the 2nd quarter. JFS Wealth Advisors LLC now owns 518 shares of the company’s stock valued at $58,000 after buying an additional 114 shares in the last quarter. Arax Advisory Partners bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at about $51,000. Finally, Financial Life Planners bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at about $62,000.

SPDR S&P 400 Mid Cap Growth ETF Company Profile

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum. 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 Capital Market with market capitalizations between $850 million and $3.8 billion.