SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) Sees Large Growth in Short Interest

SPDR S&P 1500 Value Tilt ETF (NYSEARCA:VLU) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 24,122 shares, an increase of 81.2% from the July 30th total of 13,311 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,432 shares, the days-to-cover ratio is currently 4.4 days.

Institutional Trading of SPDR S&P 1500 Value Tilt ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dynamic Advisor Solutions LLC grew its position in SPDR S&P 1500 Value Tilt ETF by 4.3% during the second quarter. Dynamic Advisor Solutions LLC now owns 1,177 shares of the company’s stock valued at $280,000 after acquiring an additional 49 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in SPDR S&P 1500 Value Tilt ETF by 3.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,696 shares of the company’s stock worth $409,000 after acquiring an additional 62 shares during the last quarter. Equitable Holdings Inc. increased its stake in SPDR S&P 1500 Value Tilt ETF by 1.4% during the fourth quarter. Equitable Holdings Inc. now owns 6,775 shares of the company’s stock worth $1,427,000 after acquiring an additional 91 shares during the last quarter. Keystone Financial Group raised its holdings in shares of SPDR S&P 1500 Value Tilt ETF by 7.0% in the 3rd quarter. Keystone Financial Group now owns 1,883 shares of the company’s stock worth $384,000 after purchasing an additional 123 shares during the period. Finally, Fifth Third Bancorp purchased a new position in shares of SPDR S&P 1500 Value Tilt ETF in the 1st quarter worth about $34,000.

SPDR S&P 1500 Value Tilt ETF Price Performance

SPDR S&P 1500 Value Tilt ETF stock traded up $0.23 during mid-day trading on Friday, hitting $248.39. 4,110 shares of the company were exchanged, compared to its average volume of 10,441. SPDR S&P 1500 Value Tilt ETF has a 12-month low of $198.65 and a 12-month high of $250.97. The company has a market capitalization of $772.49 million, a P/E ratio of 17.09 and a beta of 0.87. The business’s 50 day simple moving average is $243.36 and its two-hundred day simple moving average is $232.64.

SPDR S&P 1500 Value Tilt ETF Company Profile

The SPDR S&P 1500 Value Tilt ETF (VLU) is an exchange-traded fund that is based on the S&P 1500 Low Valuation Tilt index. The fund tracks an index that weights securities according to a combination of fundamental factors, and aims to find those with lower prices relative to valuations. VLU was launched on Oct 24, 2012 and is managed by State Street.