Short Interest in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Increases By 33.4%

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 19,028 shares, an increase of 33.4% from the January 29th total of 14,265 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 81,613 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 81,613 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

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

Several hedge funds have recently bought and sold shares of the business. Chicago Partners Investment Group LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 12.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 54,427 shares of the company’s stock valued at $4,539,000 after acquiring an additional 5,852 shares in the last quarter. AE Wealth Management LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 16.3% in the third quarter. AE Wealth Management LLC now owns 661,703 shares of the company’s stock worth $55,193,000 after purchasing an additional 92,682 shares during the last quarter. Titleist Asset Management LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at approximately $4,555,000. Balanced Wealth Group LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.5% in the second quarter. Balanced Wealth Group LLC now owns 152,171 shares of the company’s stock valued at $12,212,000 after purchasing an additional 10,619 shares in the last quarter. Finally, Mosaic Family Wealth Partners LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the second quarter valued at approximately $212,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.2%

MDYV stock traded up $0.22 during trading on Monday, reaching $90.46. 67,425 shares of the stock were exchanged, compared to its average volume of 94,248. The firm’s 50 day moving average is $89.06 and its 200 day moving average is $85.47. The firm has a market cap of $2.58 billion, a P/E ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $93.10.

SPDR S&P 400 Mid Cap Value ETF Company Profile

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 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 CapitalMarket with market capitalizations between $850 million and $3.8 billion.