SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Short Interest Down 53.0% in July

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 22,699 shares, a decrease of 53.0% from the June 30th total of 48,249 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 71,643 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Osborne Partners Capital Management LLC lifted its position in SPDR Dow Jones International Real Estate ETF by 0.5% in the 1st quarter. Osborne Partners Capital Management LLC now owns 1,153,817 shares of the company’s stock worth $30,715,000 after buying an additional 5,762 shares during the last quarter. Baker Avenue Asset Management LP raised its stake in shares of SPDR Dow Jones International Real Estate ETF by 8.3% during the fourth quarter. Baker Avenue Asset Management LP now owns 379,759 shares of the company’s stock worth $10,633,000 after acquiring an additional 29,126 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of SPDR Dow Jones International Real Estate ETF by 83.1% in the 4th quarter. Jane Street Group LLC now owns 188,460 shares of the company’s stock worth $5,277,000 after acquiring an additional 85,511 shares during the last quarter. Sachem Hill LLC lifted its holdings in shares of SPDR Dow Jones International Real Estate ETF by 6.3% in the 1st quarter. Sachem Hill LLC now owns 97,952 shares of the company’s stock worth $2,607,000 after acquiring an additional 5,836 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of SPDR Dow Jones International Real Estate ETF by 2.8% in the 1st quarter. Assetmark Inc. now owns 92,934 shares of the company’s stock valued at $2,474,000 after purchasing an additional 2,568 shares in the last quarter. 64.39% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones International Real Estate ETF Stock Performance

SPDR Dow Jones International Real Estate ETF stock traded up $0.20 during midday trading on Tuesday, hitting $27.89. 66,707 shares of the company’s stock were exchanged, compared to its average volume of 39,599. The company has a market cap of $267.47 million, a P/E ratio of 18.85 and a beta of 0.76. The stock has a 50-day moving average price of $27.23 and a two-hundred day moving average price of $28.04. SPDR Dow Jones International Real Estate ETF has a 52-week low of $26.07 and a 52-week high of $30.47.

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.