SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) Sees Large Decline in Short Interest

SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 3,700 shares, a decline of 42.7% from the May 14th total of 6,458 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 2,906 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC acquired a new position in SPDR MSCI USA Gender Diversity ETF in the first quarter valued at approximately $52,000. Royal Bank of Canada lifted its holdings in SPDR MSCI USA Gender Diversity ETF by 5.6% in the first quarter. Royal Bank of Canada now owns 12,322 shares of the company’s stock valued at $1,575,000 after acquiring an additional 655 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in SPDR MSCI USA Gender Diversity ETF by 39.5% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 795 shares of the company’s stock valued at $102,000 after acquiring an additional 225 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in SPDR MSCI USA Gender Diversity ETF by 1.9% in the first quarter. Wealthfront Advisers LLC now owns 6,276 shares of the company’s stock valued at $802,000 after acquiring an additional 116 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in SPDR MSCI USA Gender Diversity ETF by 7.1% in the first quarter. Bank of New York Mellon Corp now owns 3,018 shares of the company’s stock valued at $386,000 after acquiring an additional 200 shares during the last quarter.

SPDR MSCI USA Gender Diversity ETF Stock Performance

Shares of SPDR MSCI USA Gender Diversity ETF stock opened at $154.62 on Friday. The stock’s 50 day simple moving average is $145.79 and its 200-day simple moving average is $137.07. SPDR MSCI USA Gender Diversity ETF has a 1-year low of $120.06 and a 1-year high of $158.28.

SPDR MSCI USA Gender Diversity ETF Company Profile

The SPDR SSGA Gender Diversity Index ETF (SHE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of US large- and mid-sized companies promoting gender diversity whilst exhibiting a relatively high proportion of women throughout all levels of their organizations. SHE was launched on Mar 7, 2016 and is managed by State Street.