Short Interest in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Increases By 111.2%

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,025 shares, an increase of 111.2% from the May 31st total of 1,432 shares. Based on an average trading volume of 21,933 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Allworth Financial LP bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter valued at about $29,000. Kestra Advisory Services LLC acquired a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $36,000. IFP Advisors Inc grew its position in SPDR Russell 1000 Low Volatility Focus ETF by 2,256.5% in the 4th quarter. IFP Advisors Inc now owns 542 shares of the company’s stock valued at $72,000 after buying an additional 519 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in SPDR Russell 1000 Low Volatility Focus ETF in the 1st quarter valued at about $74,000. Finally, Larson Financial Group LLC bought a new position in SPDR Russell 1000 Low Volatility Focus ETF in the 4th quarter valued at about $132,000.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

Shares of SPDR Russell 1000 Low Volatility Focus ETF stock opened at $143.36 on Tuesday. The business’s fifty day moving average price is $140.46 and its two-hundred day moving average price is $138.43. The company has a market capitalization of $514.66 million, a P/E ratio of 18.12 and a beta of 0.81. SPDR Russell 1000 Low Volatility Focus ETF has a 1-year low of $127.38 and a 1-year high of $145.06.

SPDR Russell 1000 Low Volatility Focus ETF Company Profile

The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap stocks from the Russell 1000 Index, selected and weighted by four factors that are scaled by market cap. ONEV was launched on Dec 2, 2015 and is managed by State Street.