SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Stock Short Interest Declines 77.9%

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 18,574 shares, a decline of 77.9% from the October 15th total of 83,991 shares. Based on an average daily trading volume, of 25,199 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On SPDR Dow Jones International Real Estate ETF

A number of institutional investors have recently modified their holdings of RWX. Idaho Trust Co acquired a new position in SPDR Dow Jones International Real Estate ETF in the 3rd quarter worth about $2,812,000. Kestra Advisory Services LLC boosted its holdings in SPDR Dow Jones International Real Estate ETF by 2.1% in the 3rd quarter. Kestra Advisory Services LLC now owns 58,413 shares of the company’s stock worth $1,482,000 after buying an additional 1,207 shares during the last quarter. Innova Wealth Partners purchased a new stake in SPDR Dow Jones International Real Estate ETF during the 3rd quarter worth approximately $1,049,000. Aspiriant LLC purchased a new stake in SPDR Dow Jones International Real Estate ETF during the 3rd quarter worth approximately $296,000. Finally, Financial & Tax Architects LLC acquired a new position in shares of SPDR Dow Jones International Real Estate ETF during the third quarter valued at approximately $422,000. Hedge funds and other institutional investors own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Price Performance

NYSEARCA RWX opened at $26.16 on Thursday. SPDR Dow Jones International Real Estate ETF has a 1 year low of $24.89 and a 1 year high of $30.47. The company has a market capitalization of $233.84 million, a PE ratio of 12.41 and a beta of 0.76. The company has a fifty day moving average of $25.98 and a 200 day moving average of $27.47.

About SPDR Dow Jones International Real Estate ETF

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.