SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) Shares Shorted: Short Interest Up 116.0% in October

SPDR S&P 600 Small Cap Growth ETF (NYSEARCA:SLYG) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 90,070 shares, an increase of 116.0% from the September 30th total of 41,692 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 148,540 shares, the short-interest ratio is presently 0.6 days.

SPDR S&P 600 Small Cap Growth ETF Price Performance

SLYG stock traded down $1.75 on Friday, reaching $109.76. The company’s stock had a trading volume of 118,066 shares, compared to its average volume of 160,803. SPDR S&P 600 Small Cap Growth ETF has a 52 week low of $88.67 and a 52 week high of $119.84. The company has a market capitalization of $4.71 billion, a P/E ratio of 20.14 and a beta of 1.05. The firm has a fifty day moving average of $110.02 and a two-hundred day moving average of $107.76.

Institutional Investors Weigh In On SPDR S&P 600 Small Cap Growth ETF

Several institutional investors have recently bought and sold shares of SLYG. Laurel Wealth Advisors LLC acquired a new position in SPDR S&P 600 Small Cap Growth ETF during the 3rd quarter valued at about $35,000. Integrity Financial Corp WA bought a new stake in shares of SPDR S&P 600 Small Cap Growth ETF during the 2nd quarter worth about $39,000. Robinswood Financial LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the 1st quarter worth approximately $40,000. Global Assets Advisory LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the 1st quarter worth approximately $72,000. Finally, Signaturefd LLC acquired a new stake in shares of SPDR S&P 600 Small Cap Growth ETF in the 3rd quarter worth approximately $110,000.

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.