SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Short Interest Down 53.0% in July

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 22,699 shares, a decrease of 53.0% from the June 30th total of 48,249 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 71,643 shares, the days-to-cover ratio is currently 0.3 days.

SPDR Dow Jones International Real Estate ETF Stock Performance

RWX stock traded up $0.20 during mid-day trading on Tuesday, hitting $27.89. The company had a trading volume of 66,707 shares, compared to its average volume of 39,599. The stock’s fifty day moving average price is $27.23 and its two-hundred day moving average price is $28.04. SPDR Dow Jones International Real Estate ETF has a 12 month low of $26.07 and a 12 month high of $30.47. The firm has a market cap of $267.47 million, a PE ratio of 18.85 and a beta of 0.76.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in SPDR Dow Jones International Real Estate ETF during the fourth quarter valued at about $28,000. CIBC Private Wealth Group LLC lifted its stake in shares of SPDR Dow Jones International Real Estate ETF by 41.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,140 shares of the company’s stock valued at $32,000 after buying an additional 335 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR Dow Jones International Real Estate ETF in the 2nd quarter valued at approximately $81,000. Strategic Wealth Advisors LLC bought a new stake in SPDR Dow Jones International Real Estate ETF during the 4th quarter valued at $93,000. Finally, Bank of Nova Scotia purchased a new stake in shares of SPDR Dow Jones International Real Estate ETF during the fourth quarter worth $201,000. Hedge funds and other institutional investors own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Company Profile

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.