Short Interest in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Decreases By 33.8%

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 37,364 shares, a drop of 33.8% from the December 15th total of 56,401 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 116,176 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 116,176 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in SPDR S&P 600 Small Cap Growth ETF by 1.0% during the third quarter. Bank of America Corp DE now owns 1,858,812 shares of the company’s stock valued at $175,305,000 after purchasing an additional 19,194 shares in the last quarter. Ameriprise Financial Inc. raised its position 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 valued at $88,627,000 after buying an additional 14,832 shares during the last quarter. NorthRock Partners LLC lifted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 4.7% in the second quarter. NorthRock Partners LLC now owns 669,084 shares of the company’s stock worth $59,381,000 after buying an additional 29,961 shares in the last quarter. Diversified Enterprises LLC boosted its position in SPDR S&P 600 Small Cap Growth ETF by 4.7% during the third quarter. Diversified Enterprises LLC now owns 499,189 shares of the company’s stock worth $47,079,000 after acquiring an additional 22,204 shares during the last quarter. Finally, Rodgers & Associates LTD boosted its position in SPDR S&P 600 Small Cap Growth ETF by 1.9% during the third quarter. Rodgers & Associates LTD now owns 421,859 shares of the company’s stock worth $39,786,000 after acquiring an additional 7,961 shares during the last quarter.

SPDR S&P 600 Small Cap Growth ETF Stock Down 0.1%

Shares of SLYG stock traded down $0.06 during mid-day trading on Friday, hitting $100.73. 123,104 shares of the stock were exchanged, compared to its average volume of 159,300. SPDR S&P 600 Small Cap Growth ETF has a 52-week low of $71.62 and a 52-week high of $101.34. The company has a market cap of $3.80 billion, a PE ratio of 20.14 and a beta of 1.09. The firm has a fifty day moving average of $95.55 and a 200 day moving average of $93.69.

About SPDR S&P 600 Small Cap Growth ETF

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.