Short Interest in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Increases By 83.9%

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 6,619 shares, an increase of 83.9% from the June 30th total of 3,600 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,850 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On SPDR Russell 1000 Yield Focus ETF

A number of hedge funds have recently made changes to their positions in ONEY. Jane Street Group LLC bought a new position in shares of SPDR Russell 1000 Yield Focus ETF during the 1st quarter valued at $271,000. Ameriprise Financial Inc. boosted its position in SPDR Russell 1000 Yield Focus ETF by 8.9% during the second quarter. Ameriprise Financial Inc. now owns 1,270,103 shares of the company’s stock valued at $137,039,000 after buying an additional 103,997 shares during the period. Equitable Holdings Inc. boosted its position in SPDR Russell 1000 Yield Focus ETF by 17.4% during the second quarter. Equitable Holdings Inc. now owns 31,959 shares of the company’s stock valued at $3,460,000 after buying an additional 4,744 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of SPDR Russell 1000 Yield Focus ETF by 34.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,728 shares of the company’s stock valued at $295,000 after buying an additional 702 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of SPDR Russell 1000 Yield Focus ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 196,311 shares of the company’s stock valued at $22,214,000 after buying an additional 4,791 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Stock Performance

NYSEARCA:ONEY traded down $2.70 during mid-day trading on Thursday, reaching $131.97. The stock had a trading volume of 4,021 shares, compared to its average volume of 30,380. The stock has a market capitalization of $666.45 million, a P/E ratio of 14.77 and a beta of 0.83. The firm has a 50 day moving average price of $129.60 and a two-hundred day moving average price of $125.06. SPDR Russell 1000 Yield Focus ETF has a one year low of $108.15 and a one year high of $135.62.

SPDR Russell 1000 Yield Focus ETF Company Profile

The SPDR Russell 1000 Yield Focus ETF (ONEY) is an exchange-traded fund that is based on the Russell 1000 Yield Focused Factor index. The fund tracks an index of large-cap stocks from the Russell 1000 Index, selected and weighted by four factors that are scaled by market cap. ONEY was launched on Dec 2, 2015 and is managed by State Street.