SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Stock Short Interest Report for September

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 44,643 shares, a decline of 55.5% from the September 15th total of 100,307 shares. Based on an average daily volume of 96,948 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Value ETF

Institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter valued at approximately $440,000. WealthPlan Investment Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $433,000. First Pacific Financial purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $32,359,000. Cultivar Capital Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $742,000. Finally, 4WEALTH Advisors Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth $212,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV traded up $1.13 on Thursday, reaching $91.05. The company had a trading volume of 96,304 shares, compared to its average volume of 86,219. The firm has a market cap of $2.75 billion, a price-to-earnings ratio of 15.85 and a beta of 0.97. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $79.64 and a fifty-two week high of $97.58. The business has a 50 day moving average of $92.96 and a two-hundred day moving average of $92.31.

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.