SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Short Interest Update

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 1,117 shares, an increase of 392.1% from the August 31st total of 227 shares. Based on an average trading volume of 1,181 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.4% of the company’s stock are short sold.

SPDR Portfolio S&P Sector Neutral Dividend ETF Stock Up 0.6%

Shares of NYSEARCA:SPDG traded up $0.28 during trading on Friday, hitting $45.28. The stock had a trading volume of 361 shares, compared to its average volume of 1,273. The company has a market capitalization of $12.68 million, a PE ratio of 17.91 and a beta of 0.77. The firm’s fifty day moving average is $46.44 and its 200 day moving average is $45.24. SPDR Portfolio S&P Sector Neutral Dividend ETF has a 12 month low of $38.78 and a 12 month high of $47.67.

About SPDR Portfolio S&P Sector Neutral Dividend ETF

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.