SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Shares Shorted: Short Interest Down 67.2% in October

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 29,510 shares, a decrease of 67.2% from the October 15th total of 90,070 shares. Based on an average daily volume of 265,221 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% 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 SLYG. Essex Financial Services Inc. acquired a new stake in SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter worth approximately $508,000. Denver Wealth Management Inc. increased its position in SPDR S&P 600 Small Cap Growth ETF by 1.4% in the 3rd quarter. Denver Wealth Management Inc. now owns 19,599 shares of the company’s stock valued at $2,097,000 after acquiring an additional 268 shares during the period. Cvfg LLC increased its position in SPDR S&P 600 Small Cap Growth ETF by 2.7% in the 3rd quarter. Cvfg LLC now owns 9,421 shares of the company’s stock valued at $1,008,000 after acquiring an additional 250 shares during the period. Benjamin Edwards Inc. acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter valued at approximately $423,000. Finally, Texas Yale Capital Corp. acquired a new position in SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter valued at approximately $501,000.

SPDR S&P 600 Small Cap Growth ETF Stock Down 0.4%

SPDR S&P 600 Small Cap Growth ETF stock traded down $0.39 during trading hours on Friday, hitting $109.84. The stock had a trading volume of 34,909 shares, compared to its average volume of 161,280. The business’s 50 day simple moving average is $109.22 and its 200-day simple moving average is $108.20. SPDR S&P 600 Small Cap Growth ETF has a one year low of $88.67 and a one year high of $119.84. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 18.71 and a beta of 1.06.

SPDR S&P 600 Small Cap Growth ETF Company Profile

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.