SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Shares Shorted: Short Interest Down 67.2% in October

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the target of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 29,510 shares, a decrease of 67.2% from the October 15th total of 90,070 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 265,221 shares, the short-interest ratio is currently 0.1 days.

SPDR S&P 600 Small Cap Growth ETF Trading Down 0.4%

NYSEARCA:SLYG traded down $0.39 during trading hours on Friday, hitting $109.84. 34,909 shares of the company were exchanged, compared to its average volume of 161,280. The stock has a market capitalization of $4.68 billion, a price-to-earnings ratio of 18.71 and a beta of 1.06. SPDR S&P 600 Small Cap Growth ETF has a one year low of $88.67 and a one year high of $119.84. The company has a fifty day simple moving average of $109.22 and a 200 day simple moving average of $108.20.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bill Few Associates Inc. lifted 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 acquiring an additional 95 shares during the period. Total Clarity Wealth Management Inc. boosted its holdings in SPDR S&P 600 Small Cap Growth ETF by 3.2% in the third quarter. Total Clarity Wealth Management Inc. now owns 4,010 shares of the company’s stock valued at $429,000 after acquiring an additional 125 shares during the last quarter. Collaborative Wealth Managment Inc. increased its position in SPDR S&P 600 Small Cap Growth ETF by 6.1% during the 3rd quarter. Collaborative Wealth Managment Inc. now owns 2,528 shares of the company’s stock valued at $270,000 after purchasing an additional 146 shares during the period. 4WEALTH Advisors Inc. increased its position in SPDR S&P 600 Small Cap Growth ETF by 6.4% during the 3rd quarter. 4WEALTH Advisors Inc. now owns 2,541 shares of the company’s stock valued at $274,000 after purchasing an additional 153 shares during the period. Finally, Crescent Sterling Ltd. increased its position in SPDR S&P 600 Small Cap Growth ETF by 5.5% during the 2nd quarter. Crescent Sterling Ltd. now owns 3,677 shares of the company’s stock valued at $438,000 after purchasing an additional 191 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Company Profile

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.