SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Short Interest Up 312.0% in July

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 3,168 shares, a growth of 312.0% from the June 30th total of 769 shares. Based on an average daily volume of 2,401 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.3% of the shares of the stock are sold short.

SPDR MSCI World StrategicFactors ETF Price Performance

NYSEARCA:QWLD opened at $152.84 on Friday. The company has a market capitalization of $171.18 million, a price-to-earnings ratio of 19.41 and a beta of 0.76. The business has a 50 day moving average of $152.00 and a 200 day moving average of $149.00. SPDR MSCI World StrategicFactors ETF has a 1-year low of $132.45 and a 1-year high of $154.05.

Institutional Trading of SPDR MSCI World StrategicFactors ETF

Several hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new position in shares of SPDR MSCI World StrategicFactors ETF during the fourth quarter valued at about $31,000. Triumph Capital Management bought a new stake in shares of SPDR MSCI World StrategicFactors ETF in the 3rd quarter valued at about $31,000. Western Wealth Management LLC purchased a new stake in SPDR MSCI World StrategicFactors ETF during the 1st quarter valued at about $33,000. International Assets Investment Management LLC purchased a new stake in SPDR MSCI World StrategicFactors ETF during the 4th quarter valued at about $120,000. Finally, Susquehanna International Group LLP bought a new position in SPDR MSCI World StrategicFactors ETF during the 3rd quarter worth approximately $288,000.

About SPDR MSCI World StrategicFactors ETF

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.