Short Interest in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Drops By 43.2%

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 800,642 shares, a drop of 43.2% from the June 15th total of 1,408,543 shares. Based on an average daily volume of 2,884,327 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

SPDR Portfolio Developed World ex-US ETF Stock Performance

SPDW traded down $0.25 during trading on Friday, reaching $49.38. The company had a trading volume of 2,986,196 shares, compared to its average volume of 4,608,494. The firm’s 50-day simple moving average is $50.36 and its 200 day simple moving average is $48.31. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $39.54 and a 12-month high of $52.16. The company has a market cap of $39.65 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Albion Financial Group UT acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at approximately $29,000. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter valued at approximately $36,000. Johnson Financial Group Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF during the first quarter worth $37,000. Godsey & Gibb Inc. acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 1st quarter valued at $44,000. Finally, Hazlett Burt & Watson Inc. acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at $46,000.

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.