SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) Short Interest Update

SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,049 shares, a drop of 35.9% from the August 31st total of 4,760 shares. Based on an average daily volume of 2,716 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.2% of the company’s stock are short sold.

SPDR SSGA US Small Cap Low Volatility Index ETF Price Performance

NYSEARCA SMLV opened at $150.03 on Thursday. SPDR SSGA US Small Cap Low Volatility Index ETF has a 1 year low of $124.22 and a 1 year high of $163.75. The company has a fifty day moving average price of $157.73 and a 200-day moving average price of $151.30. The firm has a market cap of $243.05 million, a price-to-earnings ratio of 15.79 and a beta of 0.77.

Institutional Trading of SPDR SSGA US Small Cap Low Volatility Index ETF

A hedge fund recently raised its stake in SPDR SSGA US Small Cap Low Volatility Index ETF stock. AdvisorNet Financial Inc lifted its position in shares of SPDR SSGA US Small Cap Low Volatility Index ETF (NYSEARCA:SMLV) by 517.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,395 shares of the company’s stock after buying an additional 2,007 shares during the period. AdvisorNet Financial Inc owned about 0.16% of SPDR SSGA US Small Cap Low Volatility Index ETF worth $328,000 as of its most recent SEC filing.

SPDR SSGA US Small Cap Low Volatility Index ETF Company Profile

The SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) is an exchange-traded fund that is based on the SSGA US Small Cap Low Volatility index. The fund tracks an index of US small-cap stocks selected and weighted by low volatility and other factors. SMLV was launched on Feb 20, 2013 and is managed by State Street.