Short Interest in SPDR Portfolio S&P 500 Growth ETF (SPYG) Increases By 74.4%

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 933,968 shares, an increase of 74.4% from the October 31st total of 535,381 shares. Based on an average daily trading volume, of 2,693,683 shares, the days-to-cover ratio is currently 0.3 days.

Institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 113.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,874 shares of the company’s stock worth $101,000 after buying an additional 1,530 shares in the last quarter. Truvestments Capital LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $105,000. WealthTrust Fairport LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $116,000. SG Americas Securities LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $122,000. Finally, Resources Investment Advisors Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 246.4% during the 2nd quarter. Resources Investment Advisors Inc. now owns 3,918 shares of the company’s stock worth $138,000 after buying an additional 2,787 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF stock opened at $34.92 on Wednesday. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $31.69 and a 52-week high of $38.55.

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About SPDR Portfolio S&P 500 Growth ETF

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index).

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