SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Shares Shorted: Short Interest Up 250.7% in September

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 626,705 shares, an increase of 250.7% from the August 31st total of 178,676 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 414,269 shares, the short-interest ratio is currently 1.5 days.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Price Performance

NYSEARCA:SPTM opened at $93.19 on Friday. The stock has a market cap of $14.20 billion, a P/E ratio of 25.00 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a one year low of $76.54 and a one year high of $94.61. The company has a fifty day moving average price of $92.43 and a 200 day moving average price of $88.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the first quarter valued at about $28,000. Archer Investment Corp bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the first quarter valued at about $67,000. Sankala Group LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the fourth quarter valued at about $157,000. Highland Investment Advisors LLC acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 2nd quarter valued at approximately $188,000. Finally, Manning & Napier Advisors LLC acquired a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter valued at approximately $177,000.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Company Profile

The SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is an exchange-traded fund that is based on the S&P Composite 1500 index, a market-cap-weighted index selected by the S&P Committee that covers the entire US market cap spectrum. SPTM was launched on Oct 4, 2000 and is managed by State Street.