SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Sees Large Growth in Short Interest

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 6,545 shares, a growth of 94.5% from the November 30th total of 3,365 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 16,099 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 16,099 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

SPDR S&P Global Dividend ETF Stock Down 0.1%

NYSEARCA WDIV traded down $0.07 on Monday, reaching $75.74. The company had a trading volume of 3,109 shares, compared to its average volume of 10,731. The stock has a market cap of $234.79 million, a price-to-earnings ratio of 13.04 and a beta of 0.63. The stock’s 50 day moving average is $74.27 and its 200-day moving average is $72.79. SPDR S&P Global Dividend ETF has a 52 week low of $59.40 and a 52 week high of $75.88.

Hedge Funds Weigh In On SPDR S&P Global Dividend ETF

Several institutional investors and hedge funds have recently modified their holdings of WDIV. Jane Street Group LLC grew its holdings in shares of SPDR S&P Global Dividend ETF by 162.3% during the 1st quarter. Jane Street Group LLC now owns 10,312 shares of the company’s stock worth $671,000 after purchasing an additional 6,380 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in SPDR S&P Global Dividend ETF during the 2nd quarter valued at approximately $28,000. Simplicity Wealth LLC lifted its holdings in SPDR S&P Global Dividend ETF by 67.1% in the second quarter. Simplicity Wealth LLC now owns 9,984 shares of the company’s stock valued at $704,000 after buying an additional 4,010 shares during the period. Private Trust Co. NA grew its stake in SPDR S&P Global Dividend ETF by 170.2% during the second quarter. Private Trust Co. NA now owns 635 shares of the company’s stock worth $45,000 after purchasing an additional 400 shares during the period. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of SPDR S&P Global Dividend ETF in the 2nd quarter valued at $4,667,000.

About SPDR S&P Global Dividend ETF

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.