Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Rises By 160.1%

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 20,999 shares, an increase of 160.1% from the June 15th total of 8,072 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 6,753 shares, the days-to-cover ratio is currently 3.1 days.

SPDR S&P Global Dividend ETF Trading Down 0.1%

Shares of NYSEARCA:WDIV opened at $81.26 on Tuesday. SPDR S&P Global Dividend ETF has a 12-month low of $69.97 and a 12-month high of $83.07. The business has a 50 day moving average of $81.03 and a two-hundred day moving average of $79.49. The company has a market capitalization of $268.16 million, a PE ratio of 13.04 and a beta of 0.55.

Hedge Funds Weigh In On SPDR S&P Global Dividend ETF

Several large investors have recently made changes to their positions in the company. WealthShield Partners LLC grew its position in SPDR S&P Global Dividend ETF by 0.7% during the first quarter. WealthShield Partners LLC now owns 19,156 shares of the company’s stock valued at $1,478,000 after buying an additional 134 shares during the period. Kestra Advisory Services LLC increased its holdings in SPDR S&P Global Dividend ETF by 5.7% in the first quarter. Kestra Advisory Services LLC now owns 3,465 shares of the company’s stock valued at $267,000 after buying an additional 187 shares in the last quarter. MML Investors Services LLC raised its position in shares of SPDR S&P Global Dividend ETF by 10.0% in the fourth quarter. MML Investors Services LLC now owns 3,335 shares of the company’s stock worth $252,000 after acquiring an additional 304 shares during the period. Cornerstone Planning Group LLC purchased a new stake in shares of SPDR S&P Global Dividend ETF during the 4th quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of SPDR S&P Global Dividend ETF during the 4th quarter worth about $27,000.

About SPDR S&P Global Dividend ETF

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.