SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Short Interest Update

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 19,766 shares, a decline of 48.3% from the July 15th total of 38,214 shares. Based on an average daily volume of 59,155 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Trading of SP Funds S&P World (ex-US) ETF

Institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC lifted its position in SP Funds S&P World (ex-US) ETF by 11.0% in the first quarter. Lido Advisors LLC now owns 12,762 shares of the company’s stock worth $360,000 after purchasing an additional 1,267 shares during the period. CWM LLC increased its position in shares of SP Funds S&P World (ex-US) ETF by 31.4% during the 4th quarter. CWM LLC now owns 6,737 shares of the company’s stock valued at $184,000 after purchasing an additional 1,608 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of SP Funds S&P World (ex-US) ETF in the 4th quarter worth $52,000. Strengthening Families & Communities LLC lifted its holdings in shares of SP Funds S&P World (ex-US) ETF by 243.6% in the fourth quarter. Strengthening Families & Communities LLC now owns 6,955 shares of the company’s stock valued at $190,000 after buying an additional 4,931 shares during the period. Finally, Mariner LLC acquired a new stake in shares of SP Funds S&P World (ex-US) ETF in the fourth quarter valued at $269,000.

SP Funds S&P World (ex-US) ETF Trading Up 0.9%

SPWO stock traded up $0.29 during trading on Monday, hitting $34.08. The company had a trading volume of 69,706 shares, compared to its average volume of 61,271. The business has a 50 day moving average of $33.13 and a 200 day moving average of $31.56. The firm has a market capitalization of $209.59 million, a price-to-earnings ratio of 21.74 and a beta of 0.93. SP Funds S&P World has a fifty-two week low of $24.35 and a fifty-two week high of $35.46.

SP Funds S&P World (ex-US) ETF Company Profile

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.