Short Interest in SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Increases By 107.6%

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 11,783 shares, an increase of 107.6% from the January 15th total of 5,675 shares. Based on an average daily volume of 20,715 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 20,715 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On SPDR S&P 1500 Value Tilt ETF

Several hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its position in SPDR S&P 1500 Value Tilt ETF by 660.8% during the 4th quarter. Wells Fargo & Company MN now owns 776 shares of the company’s stock worth $163,000 after purchasing an additional 674 shares in the last quarter. Allworth Financial LP boosted its stake in shares of SPDR S&P 1500 Value Tilt ETF by 1,297.1% during the 4th quarter. Allworth Financial LP now owns 950 shares of the company’s stock worth $200,000 after purchasing an additional 882 shares during the last quarter. Pacific Sun Financial Corp purchased a new stake in shares of SPDR S&P 1500 Value Tilt ETF during the third quarter worth about $202,000. Csenge Advisory Group acquired a new position in shares of SPDR S&P 1500 Value Tilt ETF in the fourth quarter valued at approximately $204,000. Finally, Professional Financial Advisors LLC purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF during the third quarter valued at approximately $206,000.

SPDR S&P 1500 Value Tilt ETF Price Performance

VLU stock opened at $223.86 on Friday. The business’s 50-day moving average is $216.42 and its two-hundred day moving average is $207.46. The firm has a market capitalization of $602.18 million, a P/E ratio of 17.09 and a beta of 0.95. SPDR S&P 1500 Value Tilt ETF has a 1 year low of $159.27 and a 1 year high of $227.38.

About SPDR S&P 1500 Value Tilt ETF

The SPDR S&P 1500 Value Tilt ETF (VLU) is an exchange-traded fund that is based on the S&P 1500 Low Valuation Tilt index. The fund tracks an index that weights securities according to a combination of fundamental factors, and aims to find those with lower prices relative to valuations. VLU was launched on Oct 24, 2012 and is managed by State Street.