SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Short Interest Up 59.1% in August

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 126,697 shares, a growth of 59.1% from the August 15th total of 79,640 shares. Based on an average daily trading volume, of 109,216 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.3% of the company’s stock are short sold.

SPDR S&P 600 Small Cap Growth ETF Price Performance

SPDR S&P 600 Small Cap Growth ETF stock opened at $109.27 on Friday. SPDR S&P 600 Small Cap Growth ETF has a fifty-two week low of $88.67 and a fifty-two week high of $119.84. The firm has a market capitalization of $4.81 billion, a PE ratio of 20.14 and a beta of 1.04. The company’s 50-day moving average is $114.99 and its 200-day moving average is $109.28.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Stonebridge Wealth Management LLC lifted its position in SPDR S&P 600 Small Cap Growth ETF by 2.2% in the first quarter. Stonebridge Wealth Management LLC now owns 4,467 shares of the company’s stock valued at $432,000 after purchasing an additional 95 shares during the last quarter. First City Capital Management Inc. grew its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 1.8% in the first quarter. First City Capital Management Inc. now owns 5,523 shares of the company’s stock worth $534,000 after purchasing an additional 95 shares during the last quarter. Bill Few Associates Inc. increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 0.8% in the second quarter. Bill Few Associates Inc. now owns 11,426 shares of the company’s stock worth $1,361,000 after buying an additional 95 shares during the period. Freedom Investment Management Inc. increased its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 1.2% in the fourth quarter. Freedom Investment Management Inc. now owns 8,729 shares of the company’s stock worth $822,000 after buying an additional 103 shares during the period. Finally, Midwest Trust Co raised its holdings in SPDR S&P 600 Small Cap Growth ETF by 1.4% during the 1st quarter. Midwest Trust Co now owns 8,667 shares of the company’s stock valued at $837,000 after buying an additional 123 shares during the last quarter.

About SPDR S&P 600 Small Cap Growth ETF

SPDR S&P 600 Small Cap Growth ETF (the Fund), formerly SPDR Dow Jones Small Cap Growth ETF, seeks to closely match the returns and characteristics of the S&P Small Cap 600 Growth Index. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the United States equity market. The selection universe for the S&P SmallCap 600 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 Capital Market with market capitalizations between $250 million and $1.2 billion.