Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Drops By 54.8%

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the target of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 5,801 shares, a decrease of 54.8% from the February 12th total of 12,829 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 15,242 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 15,242 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

SPDR S&P Global Dividend ETF Stock Down 0.6%

Shares of NYSEARCA WDIV traded down $0.43 during midday trading on Friday, reaching $76.65. 9,730 shares of the company were exchanged, compared to its average volume of 18,072. The stock’s 50-day moving average price is $79.40 and its 200-day moving average price is $75.72. The stock has a market cap of $241.45 million, a P/E ratio of 13.04 and a beta of 0.63. SPDR S&P Global Dividend ETF has a one year low of $59.40 and a one year high of $82.67.

Institutional Investors Weigh In On SPDR S&P Global Dividend ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC bought a new position in SPDR S&P Global Dividend ETF in the fourth quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new stake in shares of SPDR S&P Global Dividend ETF during the fourth quarter worth about $27,000. Raleigh Capital Management Inc. acquired a new position in shares of SPDR S&P Global Dividend ETF in the fourth quarter valued at approximately $80,000. Flagship Harbor Advisors LLC bought a new position in SPDR S&P Global Dividend ETF in the 4th quarter valued at approximately $83,000. Finally, Jones Financial Companies Lllp raised its holdings in SPDR S&P Global Dividend ETF by 135.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,259 shares of the company’s stock valued at $91,000 after buying an additional 725 shares during the last quarter.

SPDR S&P Global Dividend ETF Company Profile

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.