Short Interest in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Decreases By 47.6%

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 38,359 shares, a decrease of 47.6% from the January 29th total of 73,252 shares. Based on an average daily volume of 115,926 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 115,926 shares, the short-interest ratio is presently 0.3 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 22.5% in the fourth quarter. LPL Financial LLC now owns 4,679,506 shares of the company’s stock worth $440,763,000 after purchasing an additional 858,073 shares in the last quarter. Bank of America Corp DE grew its position in SPDR S&P 600 Small Cap Growth ETF by 1.0% in the 3rd quarter. Bank of America Corp DE now owns 1,858,812 shares of the company’s stock valued at $175,305,000 after buying an additional 19,194 shares in the last quarter. Morgan Stanley increased its stake in SPDR S&P 600 Small Cap Growth ETF by 33.8% during the 4th quarter. Morgan Stanley now owns 1,035,279 shares of the company’s stock valued at $97,513,000 after buying an additional 261,431 shares during the period. Ameriprise Financial Inc. increased its stake in SPDR S&P 600 Small Cap Growth ETF by 1.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 999,347 shares of the company’s stock valued at $88,627,000 after buying an additional 14,832 shares during the period. Finally, Diversified Enterprises LLC raised its position in shares of SPDR S&P 600 Small Cap Growth ETF by 4.0% during the 4th quarter. Diversified Enterprises LLC now owns 519,004 shares of the company’s stock worth $48,885,000 after buying an additional 19,815 shares in the last quarter.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of SLYG stock opened at $102.89 on Friday. The company’s fifty day moving average price is $99.45 and its two-hundred day moving average price is $95.82. The firm has a market capitalization of $3.87 billion, a P/E ratio of 20.14 and a beta of 1.09. SPDR S&P 600 Small Cap Growth ETF has a 12 month low of $71.62 and a 12 month high of $103.49.

About SPDR S&P 600 Small Cap Growth ETF

SPDR S&P 600 Small Cap Growth ETF (the Fund), formerly SPDR Dow Jones Small Cap Growth ETF, seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the United States equity market. The selection universe for the S&P SmallCap 600 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 Capital Market with market capitalizations between $250 million and $1.2 billion.