Short Interest in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) Expands By 35.0%

SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 18,500 shares, a growth of 35.0% from the August 15th total of 13,700 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 73,500 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 73,500 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 1.4%

NYSEARCA:MDYG opened at $92.99 on Friday. The stock’s 50 day moving average price is $89.87 and its two-hundred day moving average price is $84.66. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 22.35 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $68.59 and a 12-month high of $95.51.

Institutional Trading of SPDR S&P 400 Mid Cap Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Mather Group LLC. acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter valued at approximately $31,000. Rossby Financial LCC acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter valued at approximately $32,000. Capital A Wealth Management LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the fourth quarter valued at approximately $33,000. Versant Capital Management Inc acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter valued at approximately $33,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter valued at approximately $34,000.

About SPDR S&P 400 Mid Cap Growth ETF

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.