SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Stock Short Interest Rises 396.6%

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,521,709 shares, a growth of 396.6% from the September 15th total of 709,157 shares. Based on an average trading volume of 2,702,392 shares, the short-interest ratio is currently 1.3 days. Approximately 0.4% of the shares of the company are sold short.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.6%

Shares of SPDR Portfolio Developed World ex-US ETF stock traded up $0.32 on Friday, reaching $49.98. 1,952,077 shares of the stock were exchanged, compared to its average volume of 3,999,460. The firm has a market capitalization of $40.78 billion, a PE ratio of 16.12 and a beta of 0.85. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $41.99 and a 1-year high of $52.43. The business has a fifty day moving average price of $51.26 and a two-hundred day moving average price of $49.98.

Hedge Funds Weigh In On SPDR Portfolio Developed World ex-US ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Roan Capital Partners boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% in the third quarter. Roan Capital Partners now owns 39,070 shares of the company’s stock valued at $1,962,000 after buying an additional 1,169 shares in the last quarter. Montz Harcus Wealth Management LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 6.2% during the 3rd quarter. Montz Harcus Wealth Management LLC now owns 272,413 shares of the company’s stock worth $13,678,000 after purchasing an additional 15,957 shares in the last quarter. Baron Financial Group LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% during the 3rd quarter. Baron Financial Group LLC now owns 60,992 shares of the company’s stock worth $3,062,000 after purchasing an additional 235 shares in the last quarter. Valley Wealth Managers Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth $62,000. Finally, Castleview Partners LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 11.4% in the 3rd quarter. Castleview Partners LLC now owns 5,276 shares of the company’s stock valued at $265,000 after purchasing an additional 541 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Company Profile

SPDR S&P World ex US ETF (the Fund) seeks to replicate as closely as possible total return performance of the S&P/Citigroup BMI World Ex US Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.