SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Up 166.8% in January

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 254,602 shares, a growth of 166.8% from the January 15th total of 95,426 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 856,878 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 856,878 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SPTM. Beacon Capital Management Inc. acquired a new stake in SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 3rd quarter worth approximately $30,129,000. Roble Belko & Company Inc lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 153.1% during the second quarter. Roble Belko & Company Inc now owns 342,064 shares of the company’s stock worth $25,617,000 after purchasing an additional 206,889 shares during the period. Hughes Financial Services LLC lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 8.7% during the second quarter. Hughes Financial Services LLC now owns 1,610,303 shares of the company’s stock worth $123,365,000 after purchasing an additional 128,549 shares during the period. Financial Management Professionals Inc. bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter worth $9,158,000. Finally, Rosenberg Matthew Hamilton grew its stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 14.3% in the second quarter. Rosenberg Matthew Hamilton now owns 783,651 shares of the company’s stock worth $58,688,000 after purchasing an additional 97,961 shares during the last quarter.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Stock Down 1.1%

Shares of NYSEARCA:SPTM traded down $0.95 during trading on Thursday, hitting $83.19. 297,280 shares of the company were exchanged, compared to its average volume of 762,480. The business’s 50 day moving average is $83.39 and its 200-day moving average is $81.09. The company has a market capitalization of $11.96 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 1-year low of $58.60 and a 1-year high of $84.81.

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.