SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Up 160.1% in June

SPDR S&P Global Dividend ETF (NYSEARCA:WDIVGet Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 20,999 shares, a growth of 160.1% from the June 15th total of 8,072 shares. Based on an average daily trading volume, of 6,753 shares, the short-interest ratio is presently 3.1 days. Approximately 0.6% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new stake in SPDR S&P Global Dividend ETF during the 4th quarter worth $25,000. Lloyd Advisory Services LLC. purchased a new stake in shares of SPDR S&P Global Dividend ETF in the fourth quarter worth about $27,000. Western Wealth Management LLC acquired a new stake in shares of SPDR S&P Global Dividend ETF in the first quarter valued at about $45,000. Fifth Third Bancorp purchased a new stake in SPDR S&P Global Dividend ETF during the 1st quarter worth approximately $62,000. Finally, Raleigh Capital Management Inc. bought a new stake in SPDR S&P Global Dividend ETF in the fourth quarter valued at about $80,000.

SPDR S&P Global Dividend ETF Stock Performance

Shares of WDIV traded up $0.55 during trading hours on Wednesday, hitting $82.29. The stock had a trading volume of 5,464 shares, compared to its average volume of 13,741. The firm has a market cap of $271.56 million, a P/E ratio of 13.04 and a beta of 0.55. The company’s fifty day simple moving average is $81.07 and its 200 day simple moving average is $79.58. SPDR S&P Global Dividend ETF has a 12-month low of $69.97 and a 12-month high of $83.07.

About SPDR S&P Global Dividend ETF

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for SPDR S&P Global Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Global Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.