Short Interest in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Declines By 28.4%

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 14,265 shares, a decrease of 28.4% from the January 15th total of 19,934 shares. Based on an average daily volume of 140,833 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 140,833 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. US Bancorp DE increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 23.9% during the 3rd quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after purchasing an additional 124 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 0.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 15,879 shares of the company’s stock worth $1,324,000 after acquiring an additional 133 shares during the period. Norden Group LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.5% in the fourth quarter. Norden Group LLC now owns 5,593 shares of the company’s stock worth $473,000 after acquiring an additional 136 shares during the last quarter. LexAurum Advisors LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.4% in the third quarter. LexAurum Advisors LLC now owns 10,507 shares of the company’s stock worth $876,000 after purchasing an additional 143 shares during the last quarter. Finally, WealthPLAN Partners LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.5% during the third quarter. WealthPLAN Partners LLC now owns 5,908 shares of the company’s stock worth $493,000 after buying an additional 146 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.7%

Shares of MDYV opened at $91.53 on Friday. The stock’s 50-day moving average price is $87.94 and its 200 day moving average price is $84.59. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 15.85 and a beta of 1.05. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $93.10.

SPDR S&P 400 Mid Cap Value ETF Company Profile

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 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 CapitalMarket with market capitalizations between $850 million and $3.8 billion.