SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Short Interest Update

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 610 shares, a drop of 61.2% from the June 15th total of 1,573 shares. Based on an average trading volume of 771 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the shares of the company are sold short.

SPDR Portfolio S&P Sector Neutral Dividend ETF Stock Down 1.7%

SPDG stock traded down $0.77 during mid-day trading on Tuesday, reaching $45.80. The company had a trading volume of 625 shares, compared to its average volume of 1,446. The stock has a market capitalization of $12.37 million, a P/E ratio of 17.91 and a beta of 0.76. SPDR Portfolio S&P Sector Neutral Dividend ETF has a one year low of $37.75 and a one year high of $47.55. The stock’s 50-day simple moving average is $46.13 and its two-hundred day simple moving average is $43.96.

SPDR Portfolio S&P Sector Neutral Dividend ETF Company Profile

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.