Short Interest in SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Rises By 21.4%

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 256,458 shares, a growth of 21.4% from the March 31st total of 211,267 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 849,660 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 0.2%

SPDR Portfolio S&P 1500 Composite Stock Market ETF stock opened at $87.46 on Friday. The company has a market capitalization of $13.07 billion, a PE ratio of 25.00 and a beta of 1.00. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a 12 month low of $67.57 and a 12 month high of $87.99. The stock has a 50-day moving average price of $82.51 and a two-hundred day moving average price of $82.56.

Hedge Funds Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

Several large investors have recently bought and sold shares of SPTM. GGM Financials LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at about $26,000. Ascentis Independent Advisors bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the first quarter valued at about $28,000. Crews Bank & Trust raised its position in SPDR Portfolio S&P 1500 Composite Stock Market ETF by 478.9% in the fourth quarter. Crews Bank & Trust now owns 712 shares of the company’s stock valued at $59,000 after purchasing an additional 589 shares during the last quarter. Richardson Financial Services Inc. bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the third quarter valued at about $66,000. Finally, TD Private Client Wealth LLC bought a new position in SPDR Portfolio S&P 1500 Composite Stock Market ETF in the fourth quarter valued at about $72,000.

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.