Short Interest in SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Decreases By 47.6%

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 38,359 shares, a decrease of 47.6% from the January 29th total of 73,252 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 115,926 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 115,926 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

SPDR S&P 600 Small Cap Growth ETF Price Performance

SLYG stock opened at $102.89 on Friday. The firm has a market cap of $3.87 billion, a PE ratio of 20.14 and a beta of 1.09. SPDR S&P 600 Small Cap Growth ETF has a 12 month low of $71.62 and a 12 month high of $103.49. The firm has a 50 day simple moving average of $99.45 and a 200 day simple moving average of $95.82.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SLYG. Avantax Advisory Services Inc. grew its holdings in SPDR S&P 600 Small Cap Growth ETF by 16.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 77,643 shares of the company’s stock valued at $6,891,000 after purchasing an additional 11,208 shares during the last quarter. Valmark Advisers Inc. purchased a new position in shares of SPDR S&P 600 Small Cap Growth ETF during the third quarter valued at approximately $759,000. FAS Wealth Partners Inc. grew its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 2.7% during the third quarter. FAS Wealth Partners Inc. now owns 326,796 shares of the company’s stock valued at $30,820,000 after buying an additional 8,516 shares during the last quarter. Founders Financial Securities LLC raised its holdings in shares of SPDR S&P 600 Small Cap Growth ETF by 111.6% in the third quarter. Founders Financial Securities LLC now owns 10,813 shares of the company’s stock worth $1,020,000 after buying an additional 5,704 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in shares of SPDR S&P 600 Small Cap Growth ETF by 72.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 21,371 shares of the company’s stock worth $1,897,000 after acquiring an additional 8,988 shares during the last quarter.

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.