SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Stock Short Interest Rises 164.3%

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 193,754 shares, a growth of 164.3% from the September 15th total of 73,296 shares. Based on an average daily trading volume, of 230,919 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SLYV. NorthRock Partners LLC boosted its holdings in SPDR S&P 600 Small Cap Value ETF by 4.5% in the second quarter. NorthRock Partners LLC now owns 834,093 shares of the company’s stock valued at $91,008,000 after purchasing an additional 36,181 shares during the last quarter. Canandaigua National Bank & Trust Co. purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the 2nd quarter worth approximately $23,930,000. Waverly Advisors LLC increased its holdings in SPDR S&P 600 Small Cap Value ETF by 418.4% during the 1st quarter. Waverly Advisors LLC now owns 235,509 shares of the company’s stock worth $22,274,000 after purchasing an additional 190,080 shares during the last quarter. One Day In July LLC increased its holdings in SPDR S&P 600 Small Cap Value ETF by 8.8% during the 1st quarter. One Day In July LLC now owns 201,263 shares of the company’s stock worth $19,035,000 after purchasing an additional 16,341 shares during the last quarter. Finally, Key Financial Inc raised its position in shares of SPDR S&P 600 Small Cap Value ETF by 0.8% in the 1st quarter. Key Financial Inc now owns 183,039 shares of the company’s stock valued at $17,312,000 after purchasing an additional 1,369 shares in the last quarter.

SPDR S&P 600 Small Cap Value ETF Trading Up 0.0%

NYSEARCA:SLYV traded up $0.02 on Monday, reaching $103.02. The stock had a trading volume of 164,958 shares, compared to its average volume of 235,745. The company has a 50-day moving average of $107.62 and a 200 day moving average of $105.10. The stock has a market cap of $4.72 billion, a P/E ratio of 14.20 and a beta of 1.02. SPDR S&P 600 Small Cap Value ETF has a 12-month low of $83.89 and a 12-month high of $112.40.

SPDR S&P 600 Small Cap Value ETF Company Profile

SPDR S&P 600 Small Cap Value ETF, formerly SPDR Dow Jones Small Cap Value ETF, focuses to provide investment results, which correspond to the total return performance of an index, which tracks the performance of small capitalization exchange traded the United States equity securities exhibiting value characteristics. In seeking to track the performance of the S&P Small Cap 600 Value Index (the Index), the Fund employs a replication strategy. The Index measures the performance of the small-capitalization value sector in the United States equity market.