SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Short Interest Update

by · The Cerbat Gem

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG – Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 171,660 shares, an increase of 123.1% from the April 15th total of 76,943 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 310,966 shares, the short-interest ratio is presently 0.6 days.

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

A number of hedge funds have recently made changes to their positions in the business. LPL Financial LLC boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 22.5% in the fourth quarter. LPL Financial LLC now owns 4,679,506 shares of the company’s stock worth $440,763,000 after acquiring an additional 858,073 shares during the period. Bank of America Corp DE boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 1,858,812 shares of the company’s stock worth $175,305,000 after acquiring an additional 19,194 shares during the period. Morgan Stanley boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 33.8% in the fourth quarter. Morgan Stanley now owns 1,035,279 shares of the company’s stock worth $97,513,000 after acquiring an additional 261,431 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 1.5% in the second quarter. Ameriprise Financial Inc. now owns 999,347 shares of the company’s stock worth $88,627,000 after acquiring an additional 14,832 shares during the period. Finally, Diversified Enterprises LLC boosted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 4.0% in the fourth quarter. Diversified Enterprises LLC now owns 519,004 shares of the company’s stock worth $48,885,000 after acquiring an additional 19,815 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of NYSEARCA SLYG traded down $1.98 during mid-day trading on Friday, reaching $105.79. The company’s stock had a trading volume of 104,246 shares, compared to its average volume of 190,537. The firm has a market capitalization of $4.57 billion, a PE ratio of 20.14 and a beta of 1.07. The stock has a fifty day moving average of $101.71 and a two-hundred day moving average of $98.86. SPDR S&P 600 Small Cap Growth ETF has a 52 week low of $83.55 and a 52 week high of $110.00.

About SPDR S&P 600 Small Cap Growth ETF

(Get Free Report)

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.

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