SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Sees Large Drop in Short Interest

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 98 shares, a decrease of 49.0% from the July 15th total of 192 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,002 shares, the short-interest ratio is currently 0.1 days.

SPDR Portfolio S&P Sector Neutral Dividend ETF Trading Up 0.2%

Shares of SPDR Portfolio S&P Sector Neutral Dividend ETF stock traded up $0.10 during mid-day trading on Friday, hitting $47.49. 570 shares of the stock were exchanged, compared to its average volume of 1,358. The stock has a market capitalization of $13.30 million, a price-to-earnings ratio of 17.91 and a beta of 0.77. SPDR Portfolio S&P Sector Neutral Dividend ETF has a twelve month low of $38.78 and a twelve month high of $47.67. The company has a 50-day simple moving average of $46.40 and a 200 day simple moving average of $44.75.

SPDR Portfolio S&P Sector Neutral Dividend ETF Company Profile

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.