SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Short Interest Update

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 32,602 shares, an increase of 36.5% from the March 15th total of 23,889 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 106,674 shares, the short-interest ratio is presently 0.3 days.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $89.36 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $69.31 and a 1-year high of $93.10. The firm has a fifty day moving average price of $87.91 and a two-hundred day moving average price of $86.05. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 15.85 and a beta of 1.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Cornerstone Planning LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $225,000. Rockefeller Capital Management L.P. boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 16.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,260 shares of the company’s stock valued at $107,000 after buying an additional 175 shares during the period. Cogent Strategic Wealth LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $322,000. Tempo Wealth LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $394,000. Finally, MidFirst Bank acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $1,207,000.

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.