SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Up 81.4% in August

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 10,361 shares, a growth of 81.4% from the July 30th total of 5,712 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 10,696 shares, the days-to-cover ratio is currently 1.0 days.

SPDR Global Dow ETF Stock Up 0.1%

Shares of NYSEARCA:DGT traded up $0.23 during trading on Friday, reaching $191.43. The stock had a trading volume of 10,834 shares, compared to its average volume of 16,985. SPDR Global Dow ETF has a 52 week low of $154.39 and a 52 week high of $192.95. The firm has a market capitalization of $627.89 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The stock has a fifty day simple moving average of $187.49 and a two-hundred day simple moving average of $181.90.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new position in SPDR Global Dow ETF in the 2nd quarter worth $59,000. Advisors Preferred LLC grew its position in shares of SPDR Global Dow ETF by 100.0% in the first quarter. Advisors Preferred LLC now owns 430 shares of the company’s stock valued at $73,000 after purchasing an additional 215 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in shares of SPDR Global Dow ETF in the fourth quarter valued at about $102,000. CWM LLC grew its position in shares of SPDR Global Dow ETF by 17.4% in the fourth quarter. CWM LLC now owns 762 shares of the company’s stock valued at $127,000 after purchasing an additional 113 shares during the last quarter. Finally, AlphaCore Capital LLC bought a new position in shares of SPDR Global Dow ETF in the fourth quarter worth about $213,000.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.