SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sees Significant Increase in Short Interest

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 212,056 shares, a growth of 124.4% from the April 15th total of 94,491 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 353,425 shares, the days-to-cover ratio is currently 0.6 days.

SPDR S&P 600 Small Cap Value ETF Price Performance

NYSEARCA SLYV opened at $100.26 on Friday. The firm has a market capitalization of $4.46 billion, a P/E ratio of 14.20 and a beta of 1.01. SPDR S&P 600 Small Cap Value ETF has a 1-year low of $74.95 and a 1-year high of $104.37. The business’s 50-day simple moving average is $97.95 and its 200-day simple moving average is $95.37.

Hedge Funds Weigh In On SPDR S&P 600 Small Cap Value ETF

A number of institutional investors have recently made changes to their positions in SLYV. FAS Wealth Partners Inc. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 5.1% in the 3rd quarter. FAS Wealth Partners Inc. now owns 169,137 shares of the company’s stock valued at $14,994,000 after acquiring an additional 8,246 shares during the last quarter. Ground Swell Capital LLC bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 3rd quarter valued at approximately $505,000. Altfest L J & Co. Inc. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 63.6% in the 4th quarter. Altfest L J & Co. Inc. now owns 23,586 shares of the company’s stock valued at $2,146,000 after acquiring an additional 9,166 shares during the last quarter. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 4.5% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 122,319 shares of the company’s stock valued at $11,127,000 after acquiring an additional 5,223 shares during the last quarter. Finally, Nvest Wealth Strategies Inc. bought a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the 4th quarter valued at approximately $4,633,000.

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.