SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Short Interest Down 87.1% in January

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 1,032,849 shares, a decline of 87.1% from the December 31st total of 8,014,829 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 4,135,957 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 4,135,957 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 Growth ETF

Large investors have recently bought and sold shares of the stock. Optiver Holding B.V. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. United Financial Planning Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth $25,000. Clayton Financial Group LLC acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $26,000. Financial Life Planners acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at approximately $26,000. Finally, Quaker Wealth Management LLC raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 292.9% during the second quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock worth $29,000 after purchasing an additional 457 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG traded down $0.61 during midday trading on Thursday, hitting $108.18. The company had a trading volume of 4,999,881 shares, compared to its average volume of 4,487,261. The company’s 50-day simple moving average is $106.98 and its 200-day simple moving average is $103.91. The firm has a market capitalization of $45.95 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1 year low of $68.65 and a 1 year high of $109.63.

About SPDR Portfolio S&P 500 Growth ETF

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.