SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Down 90.3% in August

SPDR S&P Global Dividend ETF (NYSEARCA:WDIVGet Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 4,876 shares, a drop of 90.3% from the July 30th total of 50,521 shares. Based on an average trading volume of 5,741 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.

SPDR S&P Global Dividend ETF Stock Up 0.5%

NYSEARCA:WDIV traded up $0.43 during mid-day trading on Tuesday, hitting $85.82. 9,433 shares of the stock traded hands, compared to its average volume of 12,661. The business’s 50-day moving average price is $82.55 and its 200 day moving average price is $80.94. The company has a market cap of $285.78 million, a PE ratio of 13.04 and a beta of 0.55. SPDR S&P Global Dividend ETF has a 12-month low of $71.44 and a 12-month high of $85.88.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC purchased a new position in shares of SPDR S&P Global Dividend ETF during the 4th quarter valued at $25,000. Lloyd Advisory Services LLC. purchased a new stake in shares of SPDR S&P Global Dividend ETF in the fourth quarter worth $27,000. Western Wealth Management LLC purchased a new stake in shares of SPDR S&P Global Dividend ETF in the first quarter worth $45,000. Continuum Advisory LLC bought a new stake in SPDR S&P Global Dividend ETF during the second quarter valued at $59,000. Finally, Fifth Third Bancorp bought a new stake in SPDR S&P Global Dividend ETF during the first quarter valued at $62,000.

About SPDR S&P Global Dividend ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for SPDR S&P Global Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Global Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.