SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Significant Growth in Short Interest

SPDR S&P International Dividend ETF (NYSEARCA:DWX) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 33,641 shares, an increase of 596.1% from the June 30th total of 4,833 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 35,694 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Focus Partners Wealth purchased a new stake in SPDR S&P International Dividend ETF during the 4th quarter valued at about $6,543,000. Jane Street Group LLC purchased a new stake in shares of SPDR S&P International Dividend ETF during the 2nd quarter valued at approximately $2,435,000. UBS Group AG lifted its holdings in SPDR S&P International Dividend ETF by 10.9% in the fourth quarter. UBS Group AG now owns 459,622 shares of the company’s stock valued at $20,193,000 after acquiring an additional 45,186 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in SPDR S&P International Dividend ETF in the first quarter valued at approximately $1,278,000. Finally, MML Investors Services LLC grew its position in SPDR S&P International Dividend ETF by 33.6% in the second quarter. MML Investors Services LLC now owns 72,606 shares of the company’s stock worth $3,060,000 after acquiring an additional 18,277 shares during the period.

SPDR S&P International Dividend ETF Stock Performance

Shares of DWX traded up $0.28 during trading hours on Friday, hitting $47.10. The stock had a trading volume of 9,937 shares, compared to its average volume of 25,109. The firm has a 50-day moving average price of $46.65 and a 200 day moving average price of $46.31. SPDR S&P International Dividend ETF has a fifty-two week low of $41.12 and a fifty-two week high of $48.84. The firm has a market capitalization of $520.46 million, a price-to-earnings ratio of 17.89 and a beta of 0.52.

SPDR S&P International Dividend ETF Company Profile

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.