SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Up 98.8% in May

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 17,100 shares, an increase of 98.8% from the May 15th total of 8,600 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 10,800 shares, the short-interest ratio is presently 1.6 days.

SPDR S&P Global Dividend ETF Trading Down 0.9%

NYSEARCA WDIV opened at $70.83 on Monday. SPDR S&P Global Dividend ETF has a 1-year low of $58.55 and a 1-year high of $71.49. The firm has a market cap of $212.49 million, a PE ratio of 12.47 and a beta of 0.66. The stock has a 50-day moving average of $67.27 and a 200-day moving average of $64.79.

Institutional Investors Weigh In On SPDR S&P Global Dividend ETF

Several institutional investors have recently added to or reduced their stakes in the company. Wealthspire Advisors LLC grew its stake in shares of SPDR S&P Global Dividend ETF by 1.1% in the fourth quarter. Wealthspire Advisors LLC now owns 35,385 shares of the company’s stock worth $2,197,000 after purchasing an additional 385 shares during the last quarter. WealthShield Partners LLC grew its position in shares of SPDR S&P Global Dividend ETF by 2.5% in the 4th quarter. WealthShield Partners LLC now owns 17,265 shares of the company’s stock worth $1,072,000 after buying an additional 415 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR S&P Global Dividend ETF during the fourth quarter valued at approximately $1,189,000. LPL Financial LLC lifted its stake in SPDR S&P Global Dividend ETF by 3.3% in the fourth quarter. LPL Financial LLC now owns 104,658 shares of the company’s stock worth $6,498,000 after acquiring an additional 3,296 shares during the period. Finally, Transce3nd LLC purchased a new position in shares of SPDR S&P Global Dividend ETF during the fourth quarter valued at about $97,000.

SPDR S&P Global Dividend ETF Company Profile

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.