SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Large Increase in Short Interest

SPDR S&P International Dividend ETF (NYSEARCA:DWX) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 8,594 shares, a growth of 205.5% from the April 30th total of 2,813 shares. Based on an average trading volume of 13,258 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

SPDR S&P International Dividend ETF Stock Performance

SPDR S&P International Dividend ETF stock opened at $46.87 on Friday. The company has a 50 day moving average price of $46.30 and a 200-day moving average price of $45.47. SPDR S&P International Dividend ETF has a fifty-two week low of $41.07 and a fifty-two week high of $48.84. The company has a market capitalization of $513.23 million, a PE ratio of 17.89 and a beta of 0.53.

Institutional Trading of SPDR S&P International Dividend ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its holdings in shares of SPDR S&P International Dividend ETF by 1.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 15,815 shares of the company’s stock valued at $721,000 after purchasing an additional 234 shares during the last quarter. FDx Advisors Inc. increased its position in shares of SPDR S&P International Dividend ETF by 0.8% in the 3rd quarter. FDx Advisors Inc. now owns 35,248 shares of the company’s stock valued at $1,501,000 after acquiring an additional 266 shares during the period. Novak & Powell Financial Services Inc. increased its position in shares of SPDR S&P International Dividend ETF by 1.5% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 19,905 shares of the company’s stock valued at $875,000 after acquiring an additional 297 shares during the period. PNC Financial Services Group Inc. increased its position in shares of SPDR S&P International Dividend ETF by 18.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,370 shares of the company’s stock valued at $108,000 after acquiring an additional 377 shares during the period. Finally, Mariner LLC increased its position in shares of SPDR S&P International Dividend ETF by 4.3% in the 3rd quarter. Mariner LLC now owns 9,101 shares of the company’s stock valued at $389,000 after acquiring an additional 379 shares during the period.

SPDR S&P International Dividend ETF Company Profile

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.