Short Interest in SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Expands By 40.8%

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 69,406 shares, an increase of 40.8% from the January 29th total of 49,304 shares. Based on an average trading volume of 187,275 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 187,275 shares, the days-to-cover ratio is currently 0.4 days.

SPDR S&P 600 Small Cap Value ETF Stock Performance

Shares of NYSEARCA SLYV opened at $98.25 on Monday. The company has a market cap of $4.43 billion, a P/E ratio of 14.20 and a beta of 1.08. SPDR S&P 600 Small Cap Value ETF has a 52-week low of $65.96 and a 52-week high of $102.37. The firm’s fifty day moving average is $96.89 and its two-hundred day moving average is $91.72.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Value ETF

A number of hedge funds have recently made changes to their positions in SLYV. FAS Wealth Partners Inc. grew its stake in shares of SPDR S&P 600 Small Cap Value ETF by 5.1% in the 3rd quarter. FAS Wealth Partners Inc. now owns 169,137 shares of the company’s stock worth $14,994,000 after buying an additional 8,246 shares in the last quarter. Carter Financial Group INC. purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF during the 2nd quarter valued at about $918,000. Geneos Wealth Management Inc. lifted its holdings in shares of SPDR S&P 600 Small Cap Value ETF by 25.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 110,056 shares of the company’s stock valued at $8,778,000 after acquiring an additional 22,259 shares during the last quarter. Balance Wealth LLC purchased a new position in SPDR S&P 600 Small Cap Value ETF in the third quarter worth about $3,421,000. Finally, Asset Dedication LLC increased its stake in SPDR S&P 600 Small Cap Value ETF by 5.5% during the second quarter. Asset Dedication LLC now owns 118,833 shares of the company’s stock worth $9,478,000 after acquiring an additional 6,245 shares during the last quarter.

About SPDR S&P 600 Small Cap Value ETF

SPDR S&P 600 Small Cap Value ETF, formerly SPDR Dow Jones Small Cap Value ETF, focuses to provide investment results, which correspond to the total return performance of an index, which tracks the performance of small capitalization exchange traded the United States equity securities exhibiting value characteristics. In seeking to track the performance of the S&P Small Cap 600 Value Index (the Index), the Fund employs a replication strategy. The Index measures the performance of the small-capitalization value sector in the United States equity market.