SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Stock Short Interest Rises 184.0%

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 100,307 shares, an increase of 184.0% from the August 31st total of 35,320 shares. Based on an average daily trading volume, of 72,568 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.3% of the shares of the stock are sold short.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.5%

SPDR S&P 400 Mid Cap Value ETF stock traded up $0.48 during mid-day trading on Friday, hitting $90.29. The stock had a trading volume of 69,213 shares, compared to its average volume of 84,304. The firm has a market capitalization of $2.71 billion, a P/E ratio of 15.85 and a beta of 0.96. The firm’s 50 day moving average is $94.49 and its 200 day moving average is $91.73. SPDR S&P 400 Mid Cap Value ETF has a one year low of $79.64 and a one year high of $97.58.

Hedge Funds Weigh In On SPDR S&P 400 Mid Cap Value ETF

Hedge funds have recently made changes to their positions in the business. Canandaigua National Bank & Trust Co. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the second quarter worth about $33,639,000. WCG Wealth Advisors LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 187.5% in the 4th quarter. WCG Wealth Advisors LLC now owns 240,820 shares of the company’s stock worth $20,386,000 after purchasing an additional 157,062 shares in the last quarter. NorthRock Partners LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 6.2% in the 2nd quarter. NorthRock Partners LLC now owns 1,427,030 shares of the company’s stock worth $135,354,000 after purchasing an additional 83,282 shares during the period. Cetera Investment Advisers boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 7.5% in the 1st quarter. Cetera Investment Advisers now owns 410,049 shares of the company’s stock worth $34,916,000 after purchasing an additional 28,763 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter valued at approximately $2,444,000.

About SPDR S&P 400 Mid Cap Value ETF

SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P MidCap 400 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 CapitalMarket with market capitalizations between $850 million and $3.8 billion.