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

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 190,300 shares, a decrease of 40.5% from the May 15th total of 319,700 shares. Based on an average daily trading volume, of 254,200 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the company’s shares are sold short.

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

Several institutional investors have recently bought and sold shares of the business. Mascagni Wealth Management Inc. lifted its stake in SPDR S&P 600 Small Cap Growth ETF by 4.8% during the first quarter. Mascagni Wealth Management Inc. now owns 2,833 shares of the company’s stock worth $256,000 after purchasing an additional 131 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in SPDR S&P 600 Small Cap Growth ETF by 2.1% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 6,321 shares of the company’s stock worth $525,000 after acquiring an additional 131 shares in the last quarter. Ameritas Advisory Services LLC boosted its holdings in SPDR S&P 600 Small Cap Growth ETF by 1.0% during the 1st quarter. Ameritas Advisory Services LLC now owns 14,227 shares of the company’s stock valued at $1,228,000 after acquiring an additional 136 shares during the period. Horizon Investment Services LLC grew its position in SPDR S&P 600 Small Cap Growth ETF by 3.7% in the 4th quarter. Horizon Investment Services LLC now owns 3,912 shares of the company’s stock valued at $353,000 after acquiring an additional 140 shares in the last quarter. Finally, Focus Partners Wealth increased its stake in SPDR S&P 600 Small Cap Growth ETF by 0.7% during the fourth quarter. Focus Partners Wealth now owns 23,550 shares of the company’s stock worth $2,128,000 after purchasing an additional 155 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Trading Up 0.8%

Shares of NYSEARCA SLYG traded up $0.73 during mid-day trading on Monday, reaching $86.78. The company had a trading volume of 92,085 shares, compared to its average volume of 166,991. SPDR S&P 600 Small Cap Growth ETF has a 52 week low of $71.62 and a 52 week high of $101.62. The business’s 50-day moving average is $83.11 and its 200-day moving average is $87.66. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 19.71 and a beta of 1.09.

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.