SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Short Interest Up 37.9% in December

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 532,334 shares, an increase of 37.9% from the November 30th total of 386,088 shares. Based on an average trading volume of 1,639,838 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 1,639,838 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SPYD. Code Waechter LLC boosted its position in SPDR Portfolio S&P 500 High Dividend ETF by 1.1% in the 3rd quarter. Code Waechter LLC now owns 20,513 shares of the company’s stock valued at $891,000 after buying an additional 230 shares during the last quarter. 1900 Wealth Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 0.8% during the second quarter. 1900 Wealth Management LLC now owns 29,616 shares of the company’s stock valued at $1,257,000 after acquiring an additional 237 shares during the period. Sovereign Financial Group Inc. lifted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 2.5% during the third quarter. Sovereign Financial Group Inc. now owns 10,354 shares of the company’s stock valued at $456,000 after acquiring an additional 251 shares during the period. MBL Wealth LLC boosted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 1.0% in the second quarter. MBL Wealth LLC now owns 26,000 shares of the company’s stock valued at $1,103,000 after acquiring an additional 254 shares during the last quarter. Finally, Private Trust Co. NA increased its position in SPDR Portfolio S&P 500 High Dividend ETF by 2.5% in the second quarter. Private Trust Co. NA now owns 10,330 shares of the company’s stock worth $438,000 after purchasing an additional 255 shares during the period.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of NYSEARCA SPYD traded up $0.05 during trading on Tuesday, reaching $43.54. The company had a trading volume of 1,137,998 shares, compared to its average volume of 1,372,034. SPDR Portfolio S&P 500 High Dividend ETF has a 52 week low of $37.92 and a 52 week high of $45.48. The stock has a market cap of $7.32 billion, a PE ratio of 15.73 and a beta of 0.84. The business’s 50 day moving average price is $43.24 and its 200-day moving average price is $43.49.

About SPDR Portfolio S&P 500 High Dividend ETF

The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund that is based on the S&P 500 High Dividend index. The fund tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally-weighted. SPYD was launched on Oct 21, 2015 and is managed by State Street.