SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Short Interest Up 157.2% in May

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 13,434 shares, an increase of 157.2% from the May 14th total of 5,224 shares. Based on an average daily trading volume, of 5,975 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of SPDR S&P 1500 Value Tilt ETF

Several large investors have recently added to or reduced their stakes in VLU. Royal Bank of Canada lifted its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 33.0% in the 1st quarter. Royal Bank of Canada now owns 15,994 shares of the company’s stock valued at $2,940,000 after buying an additional 3,964 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 389.4% in the 2nd quarter. NewEdge Advisors LLC now owns 12,696 shares of the company’s stock valued at $2,440,000 after buying an additional 10,102 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 17.8% in the 2nd quarter. Raymond James Financial Inc. now owns 108,649 shares of the company’s stock valued at $20,877,000 after buying an additional 16,417 shares during the period. Jane Street Group LLC acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF in the 2nd quarter valued at about $1,389,000. Finally, Graney & King LLC lifted its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 2.6% in the 2nd quarter. Graney & King LLC now owns 30,785 shares of the company’s stock valued at $5,915,000 after buying an additional 784 shares during the period.

SPDR S&P 1500 Value Tilt ETF Stock Performance

VLU stock traded up $1.82 on Friday, hitting $239.56. 5,793 shares of the company’s stock were exchanged, compared to its average volume of 12,163. SPDR S&P 1500 Value Tilt ETF has a 12-month low of $187.17 and a 12-month high of $240.05. The firm has a 50 day moving average price of $231.05 and a two-hundred day moving average price of $221.60. The stock has a market cap of $716.28 million, a P/E ratio of 17.09 and a beta of 0.87.

SPDR S&P 1500 Value Tilt ETF Company Profile

The SPDR S&P 1500 Value Tilt ETF (VLU) is an exchange-traded fund that is based on the S&P 1500 Low Valuation Tilt index. The fund tracks an index that weights securities according to a combination of fundamental factors, and aims to find those with lower prices relative to valuations. VLU was launched on Oct 24, 2012 and is managed by State Street.