SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Short Interest Down 61.8% in August

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 32,817 shares, a decrease of 61.8% from the July 30th total of 85,867 shares. Based on an average daily volume of 75,148 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameritas Advisory Services LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 52.6% in the second quarter. Ameritas Advisory Services LLC now owns 4,348 shares of the company’s stock worth $412,000 after acquiring an additional 1,498 shares during the last quarter. HB Wealth Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter valued at approximately $227,000. Wealthcare Advisory Partners LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 5.5% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 46,172 shares of the company’s stock worth $4,379,000 after purchasing an additional 2,406 shares in the last quarter. Friday Financial increased its position in SPDR S&P 400 Mid Cap Value ETF by 130.1% during the 2nd quarter. Friday Financial now owns 13,915 shares of the company’s stock worth $1,305,000 after purchasing an additional 7,868 shares in the last quarter. Finally, Capital Wealth Management LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 4.5% in the 2nd quarter. Capital Wealth Management LLC now owns 101,953 shares of the company’s stock valued at $9,670,000 after purchasing an additional 4,401 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.5%

Shares of MDYV stock traded down $0.48 during trading hours on Friday, reaching $94.73. The company’s stock had a trading volume of 73,786 shares, compared to its average volume of 84,415. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $79.64 and a fifty-two week high of $97.58. The firm’s 50 day simple moving average is $95.07 and its 200-day simple moving average is $91.43. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96.

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.