SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) Sees Large Decline in Short Interest

SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 3,700 shares, a decline of 42.7% from the May 14th total of 6,458 shares. Based on an average daily volume of 2,906 shares, the short-interest ratio is presently 1.3 days. Currently, 0.2% of the shares of the stock are sold short.

SPDR MSCI USA Gender Diversity ETF Stock Performance

Shares of SPDR MSCI USA Gender Diversity ETF stock opened at $154.62 on Friday. SPDR MSCI USA Gender Diversity ETF has a twelve month low of $120.06 and a twelve month high of $158.28. The business has a 50-day moving average price of $145.79 and a 200 day moving average price of $137.07.

Institutional Investors Weigh In On SPDR MSCI USA Gender Diversity ETF

Several large investors have recently bought and sold shares of the company. Wealthfront Advisers LLC increased its stake in SPDR MSCI USA Gender Diversity ETF by 1.9% during the 1st quarter. Wealthfront Advisers LLC now owns 6,276 shares of the company’s stock worth $802,000 after buying an additional 116 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in SPDR MSCI USA Gender Diversity ETF by 0.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 33,219 shares of the company’s stock worth $4,246,000 after buying an additional 138 shares in the last quarter. Wells Fargo & Company MN increased its stake in SPDR MSCI USA Gender Diversity ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 11,866 shares of the company’s stock worth $1,567,000 after buying an additional 156 shares in the last quarter. Bank of New York Mellon Corp increased its stake in SPDR MSCI USA Gender Diversity ETF by 7.1% during the 1st quarter. Bank of New York Mellon Corp now owns 3,018 shares of the company’s stock worth $386,000 after buying an additional 200 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in SPDR MSCI USA Gender Diversity ETF during the 4th quarter worth approximately $29,000.

SPDR MSCI USA Gender Diversity ETF Company Profile

The SPDR SSGA Gender Diversity Index ETF (SHE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of US large- and mid-sized companies promoting gender diversity whilst exhibiting a relatively high proportion of women throughout all levels of their organizations. SHE was launched on Mar 7, 2016 and is managed by State Street.