SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Up 36.3% in December

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 13,449 shares, a growth of 36.3% from the November 30th total of 9,867 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,342 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 10,342 shares, the short-interest ratio is currently 1.3 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC lifted its stake in SPDR Global Dow ETF by 1.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,014 shares of the company’s stock worth $811,000 after purchasing an additional 63 shares during the last quarter. Modern Wealth Management LLC raised its holdings in shares of SPDR Global Dow ETF by 2.0% during the 1st quarter. Modern Wealth Management LLC now owns 4,096 shares of the company’s stock worth $573,000 after buying an additional 82 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of SPDR Global Dow ETF by 6.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,433 shares of the company’s stock worth $232,000 after buying an additional 87 shares in the last quarter. Silver Oak Securities Incorporated lifted its position in shares of SPDR Global Dow ETF by 0.7% during the 2nd quarter. Silver Oak Securities Incorporated now owns 13,888 shares of the company’s stock worth $2,092,000 after buying an additional 96 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in SPDR Global Dow ETF by 2.6% in the second quarter. Janney Montgomery Scott LLC now owns 5,731 shares of the company’s stock valued at $863,000 after buying an additional 143 shares in the last quarter.

SPDR Global Dow ETF Trading Up 0.2%

DGT stock traded up $0.37 during mid-day trading on Tuesday, hitting $167.50. The stock had a trading volume of 8,274 shares, compared to its average volume of 12,874. The firm has a fifty day simple moving average of $165.64 and a 200 day simple moving average of $159.21. The firm has a market capitalization of $469 million, a P/E ratio of 15.93 and a beta of 0.88. SPDR Global Dow ETF has a 52 week low of $121.09 and a 52 week high of $169.18.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.