Short Interest in SPDR Global Dow ETF (NYSEARCA:DGT) Grows By 81.4%

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 10,361 shares, a growth of 81.4% from the July 30th total of 5,712 shares. Based on an average trading volume of 10,696 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the company’s shares are sold short.

SPDR Global Dow ETF Trading Down 0.4%

NYSEARCA DGT opened at $190.75 on Tuesday. SPDR Global Dow ETF has a 12 month low of $154.39 and a 12 month high of $192.95. The company has a market capitalization of $625.66 million, a PE ratio of 15.93 and a beta of 0.81. The stock has a 50-day simple moving average of $187.60 and a 200 day simple moving average of $182.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC increased its stake in SPDR Global Dow ETF by 234.5% in the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock valued at $7,680,000 after purchasing an additional 38,512 shares in the last quarter. Ameriprise Financial Inc. bought a new position in shares of SPDR Global Dow ETF during the second quarter worth $5,125,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of SPDR Global Dow ETF by 392.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 27,130 shares of the company’s stock valued at $4,523,000 after buying an additional 21,621 shares during the period. Cetera Investment Advisers grew its holdings in shares of SPDR Global Dow ETF by 49.6% in the 4th quarter. Cetera Investment Advisers now owns 59,202 shares of the company’s stock valued at $9,869,000 after buying an additional 19,625 shares during the period. Finally, Citadel Advisors LLC increased its position in shares of SPDR Global Dow ETF by 432.6% in the 3rd quarter. Citadel Advisors LLC now owns 20,677 shares of the company’s stock valued at $3,345,000 after buying an additional 16,795 shares in the last quarter.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.