Short Interest in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Rises By 181.5%

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 543,147 shares, a growth of 181.5% from the July 30th total of 192,933 shares. Currently, 3.2% of the company’s shares are sold short. Based on an average daily trading volume, of 462,591 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of SPDR Dow Jones REIT ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RWR. Royal Bank of Canada lifted its position in SPDR Dow Jones REIT ETF by 0.9% during the 1st quarter. Royal Bank of Canada now owns 26,921 shares of the company’s stock valued at $2,669,000 after purchasing an additional 234 shares during the period. AQR Capital Management LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF during the 1st quarter worth approximately $262,000. Jones Financial Companies Lllp raised its stake in shares of SPDR Dow Jones REIT ETF by 139.6% during the first quarter. Jones Financial Companies Lllp now owns 1,241 shares of the company’s stock worth $123,000 after buying an additional 723 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in shares of SPDR Dow Jones REIT ETF by 81.7% during the second quarter. Qube Research & Technologies Ltd now owns 17,713 shares of the company’s stock worth $1,708,000 after buying an additional 7,964 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of SPDR Dow Jones REIT ETF by 401.0% during the second quarter. NewEdge Advisors LLC now owns 36,962 shares of the company’s stock worth $3,565,000 after buying an additional 29,585 shares during the last quarter.

SPDR Dow Jones REIT ETF Price Performance

Shares of NYSEARCA RWR traded down $0.55 during midday trading on Friday, hitting $112.89. The stock had a trading volume of 100,720 shares, compared to its average volume of 332,021. The firm has a market cap of $1.94 billion, a P/E ratio of 36.49 and a beta of 0.96. SPDR Dow Jones REIT ETF has a fifty-two week low of $96.66 and a fifty-two week high of $119.65. The company’s 50-day simple moving average is $114.91 and its 200 day simple moving average is $110.03.

About SPDR Dow Jones REIT ETF

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.