SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Short Interest Update

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 62,888 shares, a decline of 28.4% from the March 31st total of 87,892 shares. Based on an average daily volume of 54,079 shares, the short-interest ratio is presently 1.2 days. Currently, 1.3% of the company’s stock are sold short.

SP Funds S&P World (ex-US) ETF Price Performance

Shares of SPWO stock traded down $0.01 during mid-day trading on Friday, hitting $31.68. 40,224 shares of the stock traded hands, compared to its average volume of 62,695. The stock has a market cap of $157.45 million, a P/E ratio of 21.74 and a beta of 0.78. The stock’s fifty day moving average is $29.68 and its two-hundred day moving average is $28.53. SP Funds S&P World has a 52-week low of $22.52 and a 52-week high of $31.99.

SP Funds S&P World (ex-US) ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, February 23rd. Shareholders of record on Friday, February 20th were given a dividend of $0.0255 per share. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, February 20th.

Institutional Trading of SP Funds S&P World (ex-US) ETF

Hedge funds have recently modified their holdings of the company. CWM LLC raised its stake in SP Funds S&P World (ex-US) ETF by 31.4% in the fourth quarter. CWM LLC now owns 6,737 shares of the company’s stock valued at $184,000 after buying an additional 1,608 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in SP Funds S&P World (ex-US) ETF in the fourth quarter valued at about $52,000. TD Waterhouse Canada Inc. raised its stake in SP Funds S&P World (ex-US) ETF by 4.9% in the third quarter. TD Waterhouse Canada Inc. now owns 49,263 shares of the company’s stock valued at $1,330,000 after buying an additional 2,295 shares during the last quarter. Strengthening Families & Communities LLC raised its stake in SP Funds S&P World (ex-US) ETF by 243.6% in the fourth quarter. Strengthening Families & Communities LLC now owns 6,955 shares of the company’s stock valued at $190,000 after buying an additional 4,931 shares during the last quarter. Finally, Mariner LLC purchased a new stake in SP Funds S&P World (ex-US) ETF in the fourth quarter valued at about $269,000.

SP Funds S&P World (ex-US) ETF Company Profile

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.