SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Shares Shorted: Short Interest Down 65.1% in September

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 41,692 shares, a decline of 65.1% from the September 15th total of 119,321 shares. Based on an average trading volume of 116,262 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Everhart Financial Group Inc. boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 5.4% during the 3rd quarter. Everhart Financial Group Inc. now owns 567,965 shares of the company’s stock worth $60,755,000 after acquiring an additional 29,206 shares in the last quarter. Trilogy Capital Inc. raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 69.6% during the first quarter. Trilogy Capital Inc. now owns 17,416 shares of the company’s stock worth $1,683,000 after purchasing an additional 7,149 shares during the period. NorthRock Partners LLC raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 7.3% during the second quarter. NorthRock Partners LLC now owns 732,397 shares of the company’s stock worth $87,250,000 after purchasing an additional 50,101 shares during the period. MCF Advisors LLC lifted its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 6,877.9% during the second quarter. MCF Advisors LLC now owns 36,634 shares of the company’s stock valued at $4,364,000 after purchasing an additional 36,109 shares during the last quarter. Finally, Tempo Wealth LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the fourth quarter valued at $2,257,000.

SPDR S&P 600 Small Cap Growth ETF Stock Performance

Shares of SPDR S&P 600 Small Cap Growth ETF stock traded down $0.26 during trading on Tuesday, hitting $108.07. 186,984 shares of the stock were exchanged, compared to its average volume of 155,183. SPDR S&P 600 Small Cap Growth ETF has a 12 month low of $88.67 and a 12 month high of $119.84. The stock’s fifty day moving average is $112.43 and its 200 day moving average is $110.67. The stock has a market cap of $4.79 billion, a PE ratio of 20.14 and a beta of 1.05.

SPDR S&P 600 Small Cap Growth ETF Company Profile

SPDR S&P 600 Small Cap Growth ETF (the Fund), formerly SPDR Dow Jones Small Cap Growth ETF, seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the United States equity market. The selection universe for the S&P SmallCap 600 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 Capital Market with market capitalizations between $250 million and $1.2 billion.