SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Short Interest Update

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 57,186 shares, a drop of 73.0% from the April 30th total of 212,056 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 237,423 shares, the days-to-cover ratio is currently 0.2 days.

SPDR S&P 600 Small Cap Value ETF Price Performance

Shares of NYSEARCA:SLYV traded down $0.85 during midday trading on Friday, reaching $104.37. 126,621 shares of the company’s stock were exchanged, compared to its average volume of 265,165. The firm’s 50 day simple moving average is $99.73 and its two-hundred day simple moving average is $96.42. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 14.20 and a beta of 1.01. SPDR S&P 600 Small Cap Value ETF has a fifty-two week low of $75.61 and a fifty-two week high of $105.62.

Institutional Trading of SPDR S&P 600 Small Cap Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SLYV. Morningstar Investment Management LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter worth about $35,515,000. Dean Jacobson Financial Services LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the 3rd quarter worth about $24,536,000. OpenArc Corporate Advisory LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the 4th quarter worth about $23,409,000. WCG Wealth Advisors LLC increased its position in shares of SPDR S&P 600 Small Cap Value ETF by 180.6% during the 4th quarter. WCG Wealth Advisors LLC now owns 370,199 shares of the company’s stock worth $33,678,000 after purchasing an additional 238,253 shares during the last quarter. Finally, Waverly Advisors LLC increased its position in shares of 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.

About SPDR S&P 600 Small Cap Value ETF

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.