Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Grows By 110.9%

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 12,829 shares, an increase of 110.9% from the January 29th total of 6,083 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 16,595 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 16,595 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On SPDR S&P Global Dividend ETF

Hedge funds have recently bought and sold shares of the business. Crescent Sterling Ltd. raised its holdings in SPDR S&P Global Dividend ETF by 2.4% during the third quarter. Crescent Sterling Ltd. now owns 6,473 shares of the company’s stock valued at $471,000 after buying an additional 150 shares in the last quarter. WealthShield Partners LLC boosted its position in SPDR S&P Global Dividend ETF by 1.0% during the third quarter. WealthShield Partners LLC now owns 18,377 shares of the company’s stock worth $1,336,000 after purchasing an additional 181 shares during the period. Seneca Financial Advisors LLC grew its holdings in SPDR S&P Global Dividend ETF by 0.9% during the second quarter. Seneca Financial Advisors LLC now owns 21,365 shares of the company’s stock valued at $1,507,000 after purchasing an additional 189 shares during the last quarter. Buckhead Capital Management LLC grew its holdings in SPDR S&P Global Dividend ETF by 5.6% during the second quarter. Buckhead Capital Management LLC now owns 3,666 shares of the company’s stock valued at $259,000 after purchasing an additional 195 shares during the last quarter. Finally, Key Financial Inc raised its position in shares of SPDR S&P Global Dividend ETF by 13.7% in the third quarter. Key Financial Inc now owns 2,335 shares of the company’s stock valued at $171,000 after purchasing an additional 282 shares during the period.

SPDR S&P Global Dividend ETF Price Performance

NYSEARCA:WDIV traded down $0.09 during mid-day trading on Friday, reaching $82.40. The stock had a trading volume of 1,726 shares, compared to its average volume of 18,948. The stock has a market cap of $259.57 million, a P/E ratio of 13.04 and a beta of 0.63. The business’s 50 day moving average is $78.61 and its 200 day moving average is $75.23. SPDR S&P Global Dividend ETF has a fifty-two week low of $59.40 and a fifty-two week high of $82.67.

SPDR S&P Global Dividend ETF Company Profile

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.