SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Large Increase in Short Interest

SPDR S&P International Dividend ETF (NYSEARCA:DWX) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,594 shares, an increase of 205.5% from the April 30th total of 2,813 shares. Based on an average trading volume of 13,258 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On SPDR S&P International Dividend ETF

Several hedge funds have recently made changes to their positions in DWX. Royal Bank of Canada increased its position in shares of SPDR S&P International Dividend ETF by 20.0% in the 1st quarter. Royal Bank of Canada now owns 105,992 shares of the company’s stock valued at $4,065,000 after acquiring an additional 17,654 shares during the period. Jane Street Group LLC acquired a new stake in SPDR S&P International Dividend ETF during the 2nd quarter worth about $2,435,000. MML Investors Services LLC grew its position in SPDR S&P International Dividend ETF by 33.6% during the 2nd quarter. MML Investors Services LLC now owns 72,606 shares of the company’s stock worth $3,060,000 after purchasing an additional 18,277 shares during the period. Captrust Financial Advisors acquired a new stake in SPDR S&P International Dividend ETF during the 2nd quarter worth about $201,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in SPDR S&P International Dividend ETF during the 2nd quarter worth about $215,000.

SPDR S&P International Dividend ETF Price Performance

NYSEARCA DWX opened at $46.87 on Friday. The stock’s fifty day moving average price is $46.30 and its 200 day moving average price is $45.47. SPDR S&P International Dividend ETF has a 1 year low of $41.07 and a 1 year high of $48.84. The company has a market cap of $513.23 million, a price-to-earnings ratio of 17.89 and a beta of 0.53.

About SPDR S&P International Dividend ETF

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.