SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) Sees Significant Increase in Short Interest

SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 6,458 shares, a growth of 168.7% from the April 30th total of 2,403 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 3,257 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of SPDR MSCI USA Gender Diversity ETF

Several institutional investors have recently made changes to their positions in SHE. International Assets Investment Management LLC purchased a new stake in shares of SPDR MSCI USA Gender Diversity ETF during the 4th quarter valued at $29,000. SHP Wealth Management purchased a new stake in shares of SPDR MSCI USA Gender Diversity ETF during the 4th quarter valued at $31,000. Western Wealth Management LLC purchased a new stake in shares of SPDR MSCI USA Gender Diversity ETF during the 1st quarter valued at $52,000. AlphaCore Capital LLC purchased a new stake in shares of SPDR MSCI USA Gender Diversity ETF during the 4th quarter valued at $53,000. Finally, Clearstead Advisors LLC purchased a new stake in shares of SPDR MSCI USA Gender Diversity ETF during the 3rd quarter valued at $56,000.

SPDR MSCI USA Gender Diversity ETF Stock Up 0.6%

Shares of NYSEARCA SHE traded up $0.98 during trading on Friday, hitting $156.96. 7,626 shares of the company traded hands, compared to its average volume of 3,834. SPDR MSCI USA Gender Diversity ETF has a 1 year low of $119.40 and a 1 year high of $157.20. The company has a 50-day moving average price of $140.44 and a 200-day moving average price of $135.32.

About SPDR MSCI USA Gender Diversity ETF

The SPDR SSGA Gender Diversity Index ETF (SHE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of US large- and mid-sized companies promoting gender diversity whilst exhibiting a relatively high proportion of women throughout all levels of their organizations. SHE was launched on Mar 7, 2016 and is managed by State Street.