Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Rises By 160.1%

SPDR S&P Global Dividend ETF (NYSEARCA:WDIVGet Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 20,999 shares, a growth of 160.1% from the June 15th total of 8,072 shares. Based on an average trading volume of 6,753 shares, the short-interest ratio is currently 3.1 days. Approximately 0.6% of the company’s shares are short sold.

Hedge Funds Weigh In On SPDR S&P Global Dividend ETF

A number of hedge funds have recently modified their holdings of the business. Crescent Sterling Ltd. increased its position in shares of SPDR S&P Global Dividend ETF by 5.0% during the 2nd quarter. Crescent Sterling Ltd. now owns 10,385 shares of the company’s stock worth $830,000 after purchasing an additional 491 shares during the last quarter. Glenmede Trust Co. NA acquired a new position in SPDR S&P Global Dividend ETF in the first quarter valued at about $168,000. Western Wealth Management LLC acquired a new position in SPDR S&P Global Dividend ETF in the first quarter valued at about $45,000. Cornerstone Planning Group LLC boosted its stake in SPDR S&P Global Dividend ETF by 189.1% during the first quarter. Cornerstone Planning Group LLC now owns 931 shares of the company’s stock worth $75,000 after buying an additional 609 shares during the period. Finally, Fifth Third Bancorp purchased a new position in SPDR S&P Global Dividend ETF during the first quarter worth about $62,000.

SPDR S&P Global Dividend ETF Stock Performance

Shares of SPDR S&P Global Dividend ETF stock opened at $81.26 on Tuesday. The stock has a 50 day moving average of $81.03 and a 200 day moving average of $79.49. The firm has a market capitalization of $268.16 million, a price-to-earnings ratio of 13.04 and a beta of 0.55. SPDR S&P Global Dividend ETF has a fifty-two week low of $69.97 and a fifty-two week high of $83.07.

SPDR S&P Global Dividend ETF Company Profile

(Get Free Report)

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.

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