SPDR Global Dow ETF (NYSEARCA:DGT) Sees Large Increase in Short Interest

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 11,772 shares, a growth of 114.6% from the January 15th total of 5,486 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 24,257 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 24,257 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the company’s stock are short sold.

SPDR Global Dow ETF Trading Up 0.3%

NYSEARCA:DGT traded up $0.47 on Friday, hitting $178.41. 68,240 shares of the company’s stock traded hands, compared to its average volume of 25,138. The company has a market cap of $540.58 million, a PE ratio of 15.93 and a beta of 0.88. SPDR Global Dow ETF has a 1 year low of $121.09 and a 1 year high of $180.53. The firm has a 50-day moving average price of $170.82 and a 200-day moving average price of $164.20.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its stake in shares of SPDR Global Dow ETF by 234.5% during the 1st quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock valued at $7,680,000 after buying an additional 38,512 shares during the period. Systelligence LLC boosted its position in SPDR Global Dow ETF by 10.0% during the second quarter. Systelligence LLC now owns 176,629 shares of the company’s stock valued at $26,607,000 after purchasing an additional 16,111 shares during the last quarter. Onyx Bridge Wealth Group LLC purchased a new position in SPDR Global Dow ETF in the second quarter valued at about $3,774,000. BlueChip Wealth Advisors LLC acquired a new position in SPDR Global Dow ETF in the 2nd quarter worth about $546,000. Finally, Bleakley Financial Group LLC increased its position in SPDR Global Dow ETF by 14.4% in the 2nd quarter. Bleakley Financial Group LLC now owns 34,060 shares of the company’s stock worth $5,131,000 after purchasing an additional 4,296 shares during the last quarter.

About SPDR Global Dow ETF

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.