SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Up 185.8% in May

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 591,902 shares, a growth of 185.8% from the April 30th total of 207,083 shares. Based on an average trading volume of 481,550 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the company’s stock are sold short.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Trading Up 0.3%

Shares of SPTM traded up $0.23 on Friday, reaching $91.63. The company’s stock had a trading volume of 382,884 shares, compared to its average volume of 940,874. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a twelve month low of $70.79 and a twelve month high of $91.83. The stock has a market capitalization of $13.69 billion, a PE ratio of 25.00 and a beta of 1.00. The firm has a fifty day moving average of $85.33 and a 200-day moving average of $83.69.

Institutional Investors Weigh In On SPDR Portfolio S&P 1500 Composite Stock Market ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. GGM Financials LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 3rd quarter worth about $26,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter worth about $28,000. Crews Bank & Trust raised its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 478.9% in the 4th quarter. Crews Bank & Trust now owns 712 shares of the company’s stock worth $59,000 after acquiring an additional 589 shares during the last quarter. Archer Investment Corp acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 1st quarter worth about $67,000. Finally, TD Private Client Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF in the 4th quarter worth about $72,000.

About SPDR Portfolio S&P 1500 Composite Stock Market ETF

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.