SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Stock Short Interest Declines 60.8%

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 331,520 shares, a decrease of 60.8% from the August 31st total of 845,694 shares. Based on an average daily trading volume, of 497,583 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the shares of the company are sold short.

SPDR Bridgewater All Weather ETF Price Performance

ALLW stock opened at $29.16 on Monday. SPDR Bridgewater All Weather ETF has a fifty-two week low of $27.46 and a fifty-two week high of $30.50. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 19.42 and a beta of 0.39. The business’s fifty day moving average price is $29.70 and its two-hundred day moving average price is $29.54.

Hedge Funds Weigh In On SPDR Bridgewater All Weather ETF

A number of hedge funds have recently bought and sold shares of the business. Capital Advisors Ltd. LLC bought a new stake in SPDR Bridgewater All Weather ETF in the 1st quarter valued at about $25,000. Sound Income Strategies LLC grew its position in shares of SPDR Bridgewater All Weather ETF by 124.9% during the 1st quarter. Sound Income Strategies LLC now owns 3,140 shares of the company’s stock worth $91,000 after purchasing an additional 1,744 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of SPDR Bridgewater All Weather ETF during the first quarter worth approximately $101,000. Triumph Capital Management raised its position in shares of SPDR Bridgewater All Weather ETF by 143.7% in the second quarter. Triumph Capital Management now owns 7,082 shares of the company’s stock valued at $207,000 after buying an additional 4,176 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of SPDR Bridgewater All Weather ETF by 228.0% in the second quarter. Allworth Financial LP now owns 7,330 shares of the company’s stock valued at $215,000 after buying an additional 5,095 shares in the last quarter.

SPDR Bridgewater All Weather ETF Company Profile

The SPDR Bridgewater All Weather ETF (ALLW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund utilizes Bridgewaters All Weather strategy, diversifying across asset classes to manage risk and optimize returns in varying market conditions. The fund aims for long-term capital growth ALLW was launched on Mar 5, 2025 and is issued by State Street.