SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) Sees Significant Drop in Short Interest

SPDR S&P 600 Small Cap Value ETF (NYSEARCA:SLYV) saw a large decline in short interest in April. As of April 15th, there was short interest totaling 94,491 shares, a decline of 41.8% from the March 31st total of 162,357 shares. Based on an average daily trading volume, of 205,642 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

SPDR S&P 600 Small Cap Value ETF Trading Up 0.4%

NYSEARCA:SLYV traded up $0.37 during trading hours on Monday, hitting $103.04. 271,117 shares of the stock were exchanged, compared to its average volume of 274,982. SPDR S&P 600 Small Cap Value ETF has a 52-week low of $72.21 and a 52-week high of $103.59. The firm’s fifty day moving average price is $97.17 and its 200 day moving average price is $94.23. The company has a market cap of $4.54 billion, a P/E ratio of 14.20 and a beta of 1.00.

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

Several large investors have recently bought and sold shares of SLYV. AQR Capital Management LLC purchased a new stake in SPDR S&P 600 Small Cap Value ETF during the 1st quarter worth approximately $918,000. NewEdge Advisors LLC grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 218.8% in the first quarter. NewEdge Advisors LLC now owns 4,170 shares of the company’s stock valued at $327,000 after purchasing an additional 2,862 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR S&P 600 Small Cap Value ETF by 14.3% in the second quarter. JPMorgan Chase & Co. now owns 15,253 shares of the company’s stock valued at $1,217,000 after purchasing an additional 1,908 shares in the last quarter. Cresset Asset Management LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the second quarter valued at approximately $328,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of SPDR S&P 600 Small Cap Value ETF in the second quarter valued at approximately $240,000.

SPDR S&P 600 Small Cap Value ETF Company Profile

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.