SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) Sees Significant Growth in Short Interest

SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 7,036 shares, an increase of 399.7% from the August 15th total of 1,408 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 2,670 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Investors Weigh In On SPDR MSCI USA Gender Diversity ETF

A number of institutional investors have recently modified their holdings of SHE. Integrated Wealth Concepts LLC raised its stake in SPDR MSCI USA Gender Diversity ETF by 8.4% during the second quarter. Integrated Wealth Concepts LLC now owns 4,396 shares of the company’s stock worth $679,000 after acquiring an additional 342 shares during the period. Citadel Advisors LLC acquired a new position in SPDR MSCI USA Gender Diversity ETF in the second quarter valued at approximately $908,000. Ameritas Advisory Services LLC acquired a new position in SPDR MSCI USA Gender Diversity ETF in the second quarter valued at approximately $33,000. Gradient Investments LLC grew its holdings in shares of SPDR MSCI USA Gender Diversity ETF by 3.3% during the second quarter. Gradient Investments LLC now owns 6,822 shares of the company’s stock valued at $1,054,000 after purchasing an additional 218 shares during the last quarter. Finally, Evanson Financial LLC bought a new position in shares of SPDR MSCI USA Gender Diversity ETF during the second quarter valued at approximately $213,000.

SPDR MSCI USA Gender Diversity ETF Stock Up 1.1%

Shares of NYSEARCA:SHE traded up $1.71 on Friday, reaching $157.93. 1,689 shares of the company’s stock were exchanged, compared to its average volume of 3,406. SPDR MSCI USA Gender Diversity ETF has a fifty-two week low of $124.40 and a fifty-two week high of $162.02. The business’s 50-day moving average is $156.65 and its two-hundred day moving average is $147.52.

SPDR MSCI USA Gender Diversity ETF Company Profile

The SPDR SSGA Gender Diversity Index ETF (SHE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of US large- and mid-sized companies promoting gender diversity whilst exhibiting a relatively high proportion of women throughout all levels of their organizations. SHE was launched on Mar 7, 2016 and is managed by State Street.