SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Increase in Short Interest

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 187,769 shares, a growth of 63.1% from the May 14th total of 115,150 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 54,051 shares, the days-to-cover ratio is currently 3.5 days.

SPDR S&P International Small Cap ETF Price Performance

Shares of NYSEARCA:GWX opened at $45.45 on Thursday. The business’s 50 day simple moving average is $45.59 and its 200-day simple moving average is $43.76. The firm has a market capitalization of $909 million, a price-to-earnings ratio of 14.22 and a beta of 0.85. SPDR S&P International Small Cap ETF has a 12 month low of $35.36 and a 12 month high of $47.28.

Institutional Investors Weigh In On SPDR S&P International Small Cap ETF

Several institutional investors have recently modified their holdings of the company. Segall Bryant & Hamill LLC purchased a new stake in shares of SPDR S&P International Small Cap ETF during the 1st quarter worth approximately $386,000. Arete Wealth Advisors LLC raised its position in shares of SPDR S&P International Small Cap ETF by 2.4% during the 1st quarter. Arete Wealth Advisors LLC now owns 62,357 shares of the company’s stock worth $2,637,000 after purchasing an additional 1,460 shares during the last quarter. Western Wealth Management LLC acquired a new position in shares of SPDR S&P International Small Cap ETF during the 1st quarter worth approximately $50,000. Strategic Investment Advisors MI acquired a new position in shares of SPDR S&P International Small Cap ETF during the 1st quarter worth approximately $107,000. Finally, Gateway Wealth Partners LLC acquired a new position in SPDR S&P International Small Cap ETF in the 1st quarter valued at $295,000.

SPDR S&P International Small Cap ETF Company Profile

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. 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.