SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Short Interest Up 630.1% in June

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 189,163 shares, a growth of 630.1% from the May 31st total of 25,909 shares. Based on an average daily trading volume, of 88,560 shares, the short-interest ratio is presently 2.1 days. Approximately 2.0% of the company’s shares are short sold.

Institutional Trading of SPDR Dow Jones International Real Estate ETF

Several large investors have recently added to or reduced their stakes in RWX. Parallel Advisors LLC lifted its stake in shares of SPDR Dow Jones International Real Estate ETF by 20.0% during the first quarter. Parallel Advisors LLC now owns 14,115 shares of the company’s stock worth $376,000 after purchasing an additional 2,355 shares in the last quarter. Bank of Nova Scotia lifted its position in SPDR Dow Jones International Real Estate ETF by 16.7% during the 1st quarter. Bank of Nova Scotia now owns 8,350 shares of the company’s stock worth $222,000 after acquiring an additional 1,195 shares in the last quarter. Cetera Investment Advisers purchased a new position in SPDR Dow Jones International Real Estate ETF in the 1st quarter worth approximately $386,000. Sachem Hill LLC grew its position in SPDR Dow Jones International Real Estate ETF by 6.3% in the first quarter. Sachem Hill LLC now owns 97,952 shares of the company’s stock valued at $2,607,000 after acquiring an additional 5,836 shares in the last quarter. Finally, Assetmark Inc. grew its position in SPDR Dow Jones International Real Estate ETF by 2.8% in the first quarter. Assetmark Inc. now owns 92,934 shares of the company’s stock valued at $2,474,000 after acquiring an additional 2,568 shares in the last quarter. 64.39% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones International Real Estate ETF Stock Up 0.7%

RWX opened at $27.14 on Friday. SPDR Dow Jones International Real Estate ETF has a 52-week low of $26.07 and a 52-week high of $30.47. The company has a 50 day moving average of $27.54 and a two-hundred day moving average of $28.12. The company has a market cap of $262.99 million, a P/E ratio of 18.85 and a beta of 0.76.

SPDR Dow Jones International Real Estate ETF Company Profile

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.