Depending on where one looks, performances for mid-cap exchange-traded funds this year range from solid to spectacular. The SPDR S&P MidCap 400 ETF (NYSE: MDY) is solid with a year-to-date gain of 3.1 percent, although that trails the S&P 500.
The Appeal Of Mid-Cap ETFs
The WisdomTree MidCap Dividend Fund (ETF) (NYSE: DON) qualifies as spectacular with a year-to-date of over 12 percent, or more than triple the returns offered by the S&P 500. Despite those impressive performances, traders are not covering their short positions on mid-cap stocks nearly as rapidly as they are covering bearish bets on large caps.
“Average short interest of the ...
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