SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Decrease in Short Interest

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 95,019 shares, a drop of 72.6% from the June 15th total of 346,618 shares. Based on an average trading volume of 89,037 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the company’s shares are sold short.

Hedge Funds Weigh In On SPDR S&P International Small Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of GWX. Wealthcare Advisory Partners LLC lifted its holdings in SPDR S&P International Small Cap ETF by 2.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 28,547 shares of the company’s stock worth $1,249,000 after buying an additional 704 shares during the period. World Equity Group Inc. purchased a new position in shares of SPDR S&P International Small Cap ETF during the 2nd quarter worth approximately $231,000. Roan Capital Partners raised its position in shares of SPDR S&P International Small Cap ETF by 92.2% in the 2nd quarter. Roan Capital Partners now owns 30,892 shares of the company’s stock worth $1,352,000 after acquiring an additional 14,815 shares in the last quarter. Balefire LLC raised its position in shares of SPDR S&P International Small Cap ETF by 2.6% in the 2nd quarter. Balefire LLC now owns 22,586 shares of the company’s stock worth $988,000 after acquiring an additional 564 shares in the last quarter. Finally, WealthPoint Financial LLC raised its position in shares of SPDR S&P International Small Cap ETF by 15.0% in the 1st quarter. WealthPoint Financial LLC now owns 8,163 shares of the company’s stock worth $345,000 after acquiring an additional 1,064 shares in the last quarter.

SPDR S&P International Small Cap ETF Price Performance

SPDR S&P International Small Cap ETF stock traded up $0.38 during mid-day trading on Tuesday, reaching $43.74. 38,181 shares of the company traded hands, compared to its average volume of 69,067. SPDR S&P International Small Cap ETF has a 52-week low of $37.13 and a 52-week high of $47.28. The firm has a market capitalization of $870.43 million, a price-to-earnings ratio of 14.22 and a beta of 0.85. The firm’s 50 day moving average price is $45.20 and its 200 day moving average price is $44.16.

SPDR S&P International Small Cap ETF Company Profile

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.