Short Interest in SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Grows By 214.8%

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 231,640 shares, a growth of 214.8% from the July 30th total of 73,588 shares. Approximately 1.9% of the company’s shares are short sold. Based on an average daily volume of 38,822 shares, the short-interest ratio is presently 6.0 days.

Institutional Trading of SPDR S&P Global Infrastructure ETF

A number of hedge funds have recently modified their holdings of GII. Trust Co. of Vermont purchased a new stake in shares of SPDR S&P Global Infrastructure ETF in the second quarter worth $27,000. Parallel Advisors LLC grew its position in SPDR S&P Global Infrastructure ETF by 168.7% in the 4th quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock worth $56,000 after purchasing an additional 506 shares during the period. Copia Wealth Management boosted its position in SPDR S&P Global Infrastructure ETF by 18.5% in the fourth quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock worth $71,000 after purchasing an additional 158 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of SPDR S&P Global Infrastructure ETF by 775.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock worth $699,000 after purchasing an additional 8,898 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in SPDR S&P Global Infrastructure ETF by 174.1% during the first quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock valued at $726,000 after buying an additional 7,435 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Stock Performance

GII stock traded down $0.61 on Friday, reaching $73.98. The company’s stock had a trading volume of 19,038 shares, compared to its average volume of 59,478. SPDR S&P Global Infrastructure ETF has a 12-month low of $67.57 and a 12-month high of $78.95. The firm has a market cap of $917.35 million, a PE ratio of 20.11 and a beta of 0.62. The business has a fifty day simple moving average of $75.68 and a two-hundred day simple moving average of $76.08.

SPDR S&P Global Infrastructure ETF Company Profile

SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.