SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Shorted: Short Interest Down 55.5% in September

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 44,643 shares, a decrease of 55.5% from the September 15th total of 100,307 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 96,948 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Value ETF

A number of hedge funds have recently bought and sold shares of the business. CoreCap Advisors LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth approximately $54,000. Basecamp Wealth Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth approximately $55,000. Atwood & Palmer Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at $66,000. Rockefeller Capital Management L.P. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 16.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,260 shares of the company’s stock valued at $107,000 after acquiring an additional 175 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 8.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,899 shares of the company’s stock valued at $162,000 after acquiring an additional 155 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA MDYV traded up $0.36 during midday trading on Tuesday, reaching $90.64. 97,959 shares of the stock traded hands, compared to its average volume of 85,998. The stock has a market capitalization of $2.73 billion, a PE ratio of 15.85 and a beta of 0.97. SPDR S&P 400 Mid Cap Value ETF has a one year low of $79.64 and a one year high of $97.58. The company’s 50 day moving average is $93.33 and its 200 day moving average is $92.18.

About SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 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 CapitalMarket with market capitalizations between $850 million and $3.8 billion.