SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Sees Significant Decrease in Short Interest

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 28,547 shares, a decrease of 23.6% from the December 31st total of 37,364 shares. Based on an average daily volume of 162,952 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 162,952 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Bank of America Corp DE grew its position 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 buying an additional 19,194 shares during the period. Ameriprise Financial Inc. raised its position in 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. NorthRock Partners LLC boosted its stake in 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 valued at $59,381,000 after acquiring an additional 29,961 shares during the last quarter. Diversified Enterprises LLC lifted its stake in 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 valued at $48,885,000 after purchasing an additional 19,815 shares during the last quarter. Finally, Rodgers & Associates LTD grew its holdings in SPDR S&P 600 Small Cap Growth ETF by 0.4% during the fourth quarter. Rodgers & Associates LTD now owns 423,651 shares of the company’s stock valued at $39,904,000 after purchasing an additional 1,792 shares during the period.

SPDR S&P 600 Small Cap Growth ETF Price Performance

Shares of SLYG traded down $0.96 during trading hours on Friday, hitting $98.73. The stock had a trading volume of 95,505 shares, compared to its average volume of 142,410. SPDR S&P 600 Small Cap Growth ETF has a 1-year low of $71.62 and a 1-year high of $102.81. The firm has a market capitalization of $3.72 billion, a P/E ratio of 20.14 and a beta of 1.09. The firm has a 50 day simple moving average of $97.29 and a 200-day simple moving average of $94.34.

SPDR S&P 600 Small Cap Growth ETF Company Profile

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.