SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Short Interest Up 242.0% in July

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 2,737,825 shares, a growth of 242.0% from the June 30th total of 800,642 shares. Based on an average daily trading volume, of 3,830,152 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Trading of SPDR Portfolio Developed World ex-US ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Morton Brown Family Wealth LLC lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 2.9% during the 1st quarter. Morton Brown Family Wealth LLC now owns 7,472 shares of the company’s stock worth $341,000 after buying an additional 212 shares during the period. Vantage Point Financial LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 1.5% in the fourth quarter. Vantage Point Financial LLC now owns 14,295 shares of the company’s stock worth $635,000 after acquiring an additional 213 shares during the period. Webster Bank N. A. boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 10.0% in the first quarter. Webster Bank N. A. now owns 2,368 shares of the company’s stock valued at $108,000 after acquiring an additional 215 shares during the last quarter. Apollon Wealth Management LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.5% during the first quarter. Apollon Wealth Management LLC now owns 42,295 shares of the company’s stock worth $1,931,000 after buying an additional 216 shares during the period. Finally, HB Wealth Management LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% in the 1st quarter. HB Wealth Management LLC now owns 7,450 shares of the company’s stock valued at $340,000 after purchasing an additional 226 shares during the period.

SPDR Portfolio Developed World ex-US ETF Trading Down 0.3%

SPDW traded down $0.13 during trading on Tuesday, reaching $49.46. 1,053,455 shares of the company’s stock were exchanged, compared to its average volume of 4,495,063. SPDR Portfolio Developed World ex-US ETF has a one year low of $39.54 and a one year high of $52.16. The firm has a fifty day moving average price of $50.30 and a two-hundred day moving average price of $48.54. The stock has a market capitalization of $39.71 billion, a PE ratio of 16.12 and a beta of 0.83.

About SPDR Portfolio Developed World ex-US ETF

SPDR S&P World ex US ETF (the Fund) seeks to replicate as closely as possible total return performance of the S&P/Citigroup BMI World Ex US Index (the Index). 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. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.