Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Decreases By 57.1%

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 13,330 shares, a decline of 57.1% from the April 15th total of 31,044 shares. Based on an average daily volume of 10,146 shares, the short-interest ratio is presently 1.3 days. Currently, 0.4% of the shares of the company are sold short.

SPDR S&P Global Dividend ETF Trading Down 1.1%

Shares of NYSEARCA WDIV traded down $0.89 during midday trading on Friday, hitting $80.18. The company’s stock had a trading volume of 2,373 shares, compared to its average volume of 16,566. The stock has a fifty day moving average price of $78.70 and a 200 day moving average price of $77.50. SPDR S&P Global Dividend ETF has a one year low of $67.81 and a one year high of $82.67. The firm has a market capitalization of $264.59 million, a price-to-earnings ratio of 13.04 and a beta of 0.55.

Institutional Trading of SPDR S&P Global Dividend ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC bought a new stake in shares of SPDR S&P Global Dividend ETF in the fourth quarter valued at approximately $25,000. Lloyd Advisory Services LLC. bought a new stake in shares of SPDR S&P Global Dividend ETF in the fourth quarter valued at approximately $27,000. Fifth Third Bancorp bought a new stake in shares of SPDR S&P Global Dividend ETF in the first quarter valued at approximately $62,000. Raleigh Capital Management Inc. bought a new stake in shares of SPDR S&P Global Dividend ETF in the fourth quarter valued at approximately $80,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of SPDR S&P Global Dividend ETF in the fourth quarter valued at approximately $83,000.

SPDR S&P Global Dividend ETF Company Profile

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.