SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) Short Interest Up 185.8% in May

SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEARCA:SPTM) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 591,902 shares, an increase of 185.8% from the April 30th total of 207,083 shares. Based on an average trading volume of 481,550 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Mosaic Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 3rd quarter worth approximately $1,602,000. Quent Long Short Global Small Cap Fund LP bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 4th quarter worth approximately $3,062,000. Constant Guidance Financial LLC bought a new stake in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF during the 3rd quarter worth approximately $524,000. Rosenberg Matthew Hamilton lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 2.5% during the 4th quarter. Rosenberg Matthew Hamilton now owns 794,032 shares of the company’s stock worth $65,508,000 after acquiring an additional 19,069 shares during the period. Finally, Lumbard & Kellner LLC lifted its holdings in shares of SPDR Portfolio S&P 1500 Composite Stock Market ETF by 379.6% during the 3rd quarter. Lumbard & Kellner LLC now owns 14,330 shares of the company’s stock worth $1,156,000 after acquiring an additional 11,342 shares during the period.

SPDR Portfolio S&P 1500 Composite Stock Market ETF Price Performance

SPDR Portfolio S&P 1500 Composite Stock Market ETF stock opened at $91.63 on Monday. The stock’s fifty day moving average price is $85.33 and its two-hundred day moving average price is $83.70. SPDR Portfolio S&P 1500 Composite Stock Market ETF has a one year low of $70.79 and a one year high of $91.83. The firm has a market cap of $13.69 billion, a PE ratio of 25.00 and a beta of 1.00.

About SPDR Portfolio S&P 1500 Composite Stock Market ETF

The SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is an exchange-traded fund that is based on the S&P Composite 1500 index, a market-cap-weighted index selected by the S&P Committee that covers the entire US market cap spectrum. SPTM was launched on Oct 4, 2000 and is managed by State Street.