SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) Shares Shorted: Short Interest Up 56.4% in September

SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 890,122 shares, a growth of 56.4% from the August 31st total of 569,073 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,462,465 shares, the short-interest ratio is currently 0.4 days.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

Shares of NYSEARCA:SPSM traded up $0.38 during trading on Thursday, reaching $53.24. 2,696,745 shares of the company’s stock traded hands, compared to its average volume of 2,088,875. The stock has a market capitalization of $15.78 billion, a P/E ratio of 17.02 and a beta of 1.03. SPDR Portfolio S&P 600 Small Cap ETF has a 12 month low of $43.66 and a 12 month high of $58.60. The company has a 50 day moving average of $56.09 and a 200-day moving average of $54.26.

Hedge Funds Weigh In On SPDR Portfolio S&P 600 Small Cap ETF

Several hedge funds have recently made changes to their positions in the business. Community Financial Services Group LLC acquired a new stake in SPDR Portfolio S&P 600 Small Cap ETF during the 2nd quarter worth about $25,000. Brown Lisle Cummings Inc. acquired a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth about $27,000. Private Wealth Management Group LLC purchased a new position in shares of SPDR Portfolio S&P 600 Small Cap ETF in the first quarter worth approximately $29,000. Blue Trust Inc. raised its holdings in shares of SPDR Portfolio S&P 600 Small Cap ETF by 773.2% during the first quarter. Blue Trust Inc. now owns 716 shares of the company’s stock valued at $35,000 after acquiring an additional 634 shares during the period. Finally, MCF Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 4th quarter valued at approximately $37,000.

SPDR Portfolio S&P 600 Small Cap ETF Company Profile

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of US small-cap stocks selected by the S&P Committee. SPSM was launched on Jul 8, 2013 and is managed by State Street.