SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) Stock Short Interest Report for October

SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 847 shares, a decline of 72.9% from the October 15th total of 3,131 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 32,392 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On SPDR SSgA Global Allocation ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Harbour Investments Inc. bought a new stake in SPDR SSgA Global Allocation ETF during the third quarter valued at $27,000. Integrated Wealth Concepts LLC bought a new position in shares of SPDR SSgA Global Allocation ETF in the 2nd quarter worth about $115,000. Western Wealth Management LLC bought a new position in shares of SPDR SSgA Global Allocation ETF in the 1st quarter worth about $122,000. Citadel Advisors LLC bought a new position in shares of SPDR SSgA Global Allocation ETF in the 2nd quarter worth about $279,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of SPDR SSgA Global Allocation ETF by 4.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,123 shares of the company’s stock valued at $321,000 after purchasing an additional 263 shares during the period.

SPDR SSgA Global Allocation ETF Stock Performance

Shares of NYSEARCA:GAL traded down $0.10 during trading on Friday, reaching $51.78. The stock had a trading volume of 6,714 shares, compared to its average volume of 15,087. The firm’s fifty day moving average is $52.72 and its 200 day moving average is $52.32. SPDR SSgA Global Allocation ETF has a 52 week low of $48.37 and a 52 week high of $55.24. The stock has a market cap of $325.70 million, a price-to-earnings ratio of 18.24 and a beta of 0.62.

SPDR SSgA Global Allocation ETF Company Profile

The SPDR SSgA Global Allocation ETF (GAL) is an exchange-traded fund that is based on the MSCI ACWI IMI index. The fund is an actively-managed fund of funds that provides the majority of its returns from capital gains by investing across asset classes. GAL was launched on Apr 25, 2012 and is managed by State Street.