Short Interest in SPDR S&P International Dividend ETF (NYSEARCA:DWX) Drops By 60.8%

SPDR S&P International Dividend ETF (NYSEARCA:DWX) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 3,366 shares, a decline of 60.8% from the May 14th total of 8,594 shares. Based on an average daily trading volume, of 12,010 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

SPDR S&P International Dividend ETF Stock Performance

NYSEARCA DWX traded down $0.12 on Friday, reaching $47.30. The company had a trading volume of 26,877 shares, compared to its average volume of 25,269. The firm has a market capitalization of $517.94 million, a price-to-earnings ratio of 17.89 and a beta of 0.52. SPDR S&P International Dividend ETF has a 1-year low of $41.07 and a 1-year high of $48.84. The company’s fifty day moving average is $46.62 and its 200-day moving average is $45.71.

Institutional Investors Weigh In On SPDR S&P International Dividend ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in SPDR S&P International Dividend ETF by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 718,349 shares of the company’s stock worth $30,674,000 after buying an additional 6,991 shares in the last quarter. Wells Fargo & Company MN lifted its position in SPDR S&P International Dividend ETF by 2.7% during the 4th quarter. Wells Fargo & Company MN now owns 635,342 shares of the company’s stock worth $27,914,000 after buying an additional 16,646 shares in the last quarter. UBS Group AG lifted its position in SPDR S&P International Dividend ETF by 10.9% during the 4th quarter. UBS Group AG now owns 459,622 shares of the company’s stock worth $20,193,000 after buying an additional 45,186 shares in the last quarter. Columbia River Financial Group LLC lifted its position in SPDR S&P International Dividend ETF by 3.1% during the 4th quarter. Columbia River Financial Group LLC now owns 281,007 shares of the company’s stock worth $12,346,000 after buying an additional 8,408 shares in the last quarter. Finally, Baker Avenue Asset Management LP lifted its position in SPDR S&P International Dividend ETF by 7.7% during the 4th quarter. Baker Avenue Asset Management LP now owns 246,657 shares of the company’s stock worth $10,837,000 after buying an additional 17,635 shares in the last quarter.

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.