SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Sees Significant Decrease in Short Interest

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 37 shares, a decline of 90.9% from the October 15th total of 406 shares. Based on an average daily trading volume, of 1,389 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

SPDR Portfolio S&P Sector Neutral Dividend ETF Trading Up 1.2%

Shares of SPDR Portfolio S&P Sector Neutral Dividend ETF stock traded up $0.55 during trading hours on Wednesday, reaching $47.64. 4,374 shares of the company’s stock were exchanged, compared to its average volume of 1,288. The stock has a market cap of $13.82 million, a P/E ratio of 17.91 and a beta of 0.75. The company has a 50 day moving average of $46.04 and a two-hundred day moving average of $45.16. SPDR Portfolio S&P Sector Neutral Dividend ETF has a fifty-two week low of $38.92 and a fifty-two week high of $47.85.

About SPDR Portfolio S&P Sector Neutral Dividend ETF

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.