Short Interest in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Rises By 36.5%

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 32,602 shares, a growth of 36.5% from the March 15th total of 23,889 shares. Based on an average daily trading volume, of 106,674 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

SPDR S&P 400 Mid Cap Value ETF Stock Up 2.3%

Shares of SPDR S&P 400 Mid Cap Value ETF stock traded up $2.02 on Friday, reaching $91.38. The company’s stock had a trading volume of 17,067 shares, compared to its average volume of 91,509. The company has a market capitalization of $2.59 billion, a P/E ratio of 15.85 and a beta of 1.00. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.31 and a 52-week high of $93.10. The stock has a 50-day moving average price of $87.91 and a 200-day moving average price of $86.05.

Hedge Funds Weigh In On SPDR S&P 400 Mid Cap Value ETF

Large investors have recently added to or reduced their stakes in the stock. Caitlin John LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at about $28,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 94.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock worth $43,000 after purchasing an additional 250 shares during the last quarter. US Bancorp DE grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% in the third quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after purchasing an additional 124 shares in the last quarter. Atwood & Palmer Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at approximately $61,000. Finally, Miller Capital Partners Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $65,000.

SPDR S&P 400 Mid Cap Value ETF Company Profile

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.