SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Short Interest Update

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 33,931 shares, a decline of 46.0% from the February 12th total of 62,852 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average trading volume of 63,367 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 63,367 shares, the short-interest ratio is presently 0.5 days. Approximately 0.9% of the company’s shares are sold short.

Institutional Trading of SP Funds S&P World (ex-US) ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Pacific Center for Financial Services purchased a new position in shares of SP Funds S&P World (ex-US) ETF during the second quarter valued at approximately $38,000. Farther Finance Advisors LLC purchased a new stake in shares of SP Funds S&P World (ex-US) ETF in the 4th quarter worth approximately $52,000. CWM LLC increased its position in SP Funds S&P World (ex-US) ETF by 278.2% during the 3rd quarter. CWM LLC now owns 5,129 shares of the company’s stock valued at $137,000 after buying an additional 3,773 shares in the last quarter. Strengthening Families & Communities LLC increased its position in SP Funds S&P World (ex-US) ETF by 243.6% during the 4th quarter. Strengthening Families & Communities LLC now owns 6,955 shares of the company’s stock valued at $190,000 after buying an additional 4,931 shares in the last quarter. Finally, Mariner LLC purchased a new position in SP Funds S&P World (ex-US) ETF during the fourth quarter valued at $269,000.

SP Funds S&P World (ex-US) ETF Trading Down 0.6%

NYSEARCA SPWO traded down $0.16 during trading on Friday, hitting $28.31. The company had a trading volume of 158,810 shares, compared to its average volume of 67,131. SP Funds S&P World has a one year low of $19.15 and a one year high of $31.68. The company has a market cap of $107.58 million, a price-to-earnings ratio of 21.74 and a beta of 0.67. The company’s fifty day moving average is $29.62 and its 200-day moving average is $27.72.

SP Funds S&P World (ex-US) ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 23rd. Investors of record on Friday, February 20th were given a dividend of $0.0255 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 1.1%.

SP Funds S&P World (ex-US) ETF Company Profile

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.