SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Growth in Short Interest

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 187,769 shares, an increase of 63.1% from the May 14th total of 115,150 shares. Based on an average daily volume of 54,051 shares, the short-interest ratio is presently 3.5 days. Currently, 0.9% of the shares of the stock are sold short.

SPDR S&P International Small Cap ETF Stock Down 0.2%

Shares of SPDR S&P International Small Cap ETF stock opened at $45.95 on Wednesday. SPDR S&P International Small Cap ETF has a twelve month low of $35.36 and a twelve month high of $47.28. The business has a 50-day moving average price of $45.54 and a 200 day moving average price of $43.72. The firm has a market cap of $919 million, a PE ratio of 14.22 and a beta of 0.85.

Hedge Funds Weigh In On SPDR S&P International Small Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Signature Equity Partners LLC purchased a new position in shares of SPDR S&P International Small Cap ETF in the 1st quarter valued at about $32,000. O Shaughnessy Asset Management LLC increased its stake in shares of SPDR S&P International Small Cap ETF by 102.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 936 shares of the company’s stock valued at $38,000 after purchasing an additional 474 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of SPDR S&P International Small Cap ETF in the 1st quarter valued at about $50,000. Geneos Wealth Management Inc. purchased a new position in shares of SPDR S&P International Small Cap ETF in the 1st quarter valued at about $54,000. Finally, Caitlin John LLC purchased a new position in shares of SPDR S&P International Small Cap ETF in the 3rd quarter valued at about $53,000.

About SPDR S&P International Small Cap ETF

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.