SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Sees Large Growth in Short Interest

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 50,521 shares, an increase of 480.8% from the July 15th total of 8,698 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average daily trading volume, of 10,807 shares, the short-interest ratio is currently 4.7 days.

SPDR S&P Global Dividend ETF Trading Up 0.4%

NYSEARCA WDIV traded up $0.30 during trading hours on Wednesday, reaching $84.23. The company had a trading volume of 365 shares, compared to its average volume of 13,044. The stock has a market capitalization of $280.49 million, a P/E ratio of 13.04 and a beta of 0.55. The stock has a 50-day moving average of $81.87 and a 200 day moving average of $80.51. SPDR S&P Global Dividend ETF has a 1-year low of $71.44 and a 1-year high of $84.50.

Hedge Funds Weigh In On SPDR S&P Global Dividend ETF

Large investors have recently made changes to their positions in the stock. WealthShield Partners LLC raised its holdings in shares of SPDR S&P Global Dividend ETF by 0.7% in the 1st quarter. WealthShield Partners LLC now owns 19,156 shares of the company’s stock valued at $1,478,000 after purchasing an additional 134 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of SPDR S&P Global Dividend ETF by 5.7% during the 1st quarter. Kestra Advisory Services LLC now owns 3,465 shares of the company’s stock worth $267,000 after acquiring an additional 187 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of SPDR S&P Global Dividend ETF by 10.0% in the 4th quarter. MML Investors Services LLC now owns 3,335 shares of the company’s stock valued at $252,000 after acquiring an additional 304 shares during the last quarter. Cornerstone Planning Group LLC acquired a new position in shares of SPDR S&P Global Dividend ETF in the 4th quarter valued at $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of SPDR S&P Global Dividend ETF in the 4th quarter valued at $27,000.

About SPDR S&P Global Dividend ETF

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.