SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Significant Decrease in Short Interest

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 148,149 shares, a decline of 75.8% from the December 15th total of 612,990 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average trading volume of 198,778 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 198,778 shares, the short-interest ratio is presently 0.7 days. Approximately 0.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in RWR. Private Trust Co. NA boosted its holdings in shares of SPDR Dow Jones REIT ETF by 5.5% during the 3rd quarter. Private Trust Co. NA now owns 1,994 shares of the company’s stock valued at $200,000 after buying an additional 104 shares in the last quarter. Sachetta LLC lifted its position in SPDR Dow Jones REIT ETF by 7.6% during the second quarter. Sachetta LLC now owns 1,860 shares of the company’s stock valued at $179,000 after purchasing an additional 131 shares during the period. Omega Financial Group LLC boosted its holdings in SPDR Dow Jones REIT ETF by 0.9% in the second quarter. Omega Financial Group LLC now owns 16,001 shares of the company’s stock worth $1,543,000 after purchasing an additional 142 shares during the last quarter. Larson Financial Group LLC boosted its holdings in SPDR Dow Jones REIT ETF by 153.4% in the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock worth $30,000 after purchasing an additional 178 shares during the last quarter. Finally, Valmark Advisers Inc. grew its position in SPDR Dow Jones REIT ETF by 1.9% in the 3rd quarter. Valmark Advisers Inc. now owns 9,663 shares of the company’s stock worth $969,000 after purchasing an additional 183 shares during the period.

SPDR Dow Jones REIT ETF Trading Up 0.5%

NYSEARCA RWR traded up $0.53 during trading on Tuesday, hitting $100.20. The company had a trading volume of 136,719 shares, compared to its average volume of 234,152. The company’s fifty day moving average is $99.50 and its 200-day moving average is $98.88. SPDR Dow Jones REIT ETF has a one year low of $83.14 and a one year high of $104.61. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 36.49 and a beta of 1.05.

About SPDR Dow Jones REIT ETF

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.