SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Short Interest Down 68.5% in July

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 192 shares, a drop of 68.5% from the June 30th total of 610 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 725 shares, the short-interest ratio is presently 0.3 days.

SPDR Portfolio S&P Sector Neutral Dividend ETF Stock Performance

Shares of NYSEARCA:SPDG opened at $45.87 on Friday. The firm has a fifty day moving average price of $46.28 and a 200 day moving average price of $44.23. SPDR Portfolio S&P Sector Neutral Dividend ETF has a fifty-two week low of $37.75 and a fifty-two week high of $47.55. The firm has a market cap of $12.38 million, a price-to-earnings ratio of 17.91 and a beta of 0.76.

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.