SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) Short Interest Up 56.2% in July

SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 953,500 shares, anincreaseof56.2% from the July 15th total of 610,300 shares. Approximately0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,127,200 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 1,127,200 shares, the short-interest ratio is currently 0.8 days. Approximately0.4% of the shares of the company are short sold.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.4%

SPMD opened at $55.71 on Thursday. The company has a 50 day moving average of $55.07 and a 200 day moving average of $53.11. The company has a market cap of $13.66 billion, a PE ratio of 3.91 and a beta of 1.13. SPDR Portfolio S&P 400 Mid Cap ETF has a 12 month low of $43.99 and a 12 month high of $59.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SPMD. Coppell Advisory Solutions LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $679,000. Evergreen Capital Management LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 0.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 85,221 shares of the company’s stock valued at $4,634,000 after purchasing an additional 312 shares during the period. Headlands Technologies LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the 2nd quarter valued at $38,000. Tower Research Capital LLC TRC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 22,873.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 25,730 shares of the company’s stock valued at $1,399,000 after purchasing an additional 25,618 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 117.8% in the 2nd quarter. Corient Private Wealth LLC now owns 846,902 shares of the company’s stock valued at $46,055,000 after purchasing an additional 458,086 shares during the period. 61.70% of the stock is owned by institutional investors.

About SPDR Portfolio S&P 400 Mid Cap ETF

The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is managed by State Street.