Short Interest in SPDR Dow Jones Industrial Average ETF (DIA) Decreases By 35.5%

SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,981,102 shares, a decrease of 35.5% from the January 12th total of 9,266,444 shares. Based on an average daily volume of 5,523,341 shares, the short-interest ratio is currently 1.1 days.

Shares of SPDR Dow Jones Industrial Average ETF (NYSEARCA DIA) opened at $246.57 on Wednesday. SPDR Dow Jones Industrial Average ETF has a one year low of $203.32 and a one year high of $265.93. The company has a market cap of $23,000.00 and a P/E ratio of 30.67.

The firm also recently announced a monthly dividend, which was paid on Monday, February 12th. Investors of record on Monday, January 22nd were paid a dividend of $0.1437 per share. This represents a $1.72 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend was Friday, January 19th. SPDR Dow Jones Industrial Average ETF’s dividend payout ratio is presently 60.07%.

A number of hedge funds have recently added to or reduced their stakes in the stock. CHURCHILL MANAGEMENT Corp raised its holdings in shares of SPDR Dow Jones Industrial Average ETF by 4.5% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 2,348,723 shares of the exchange traded fund’s stock valued at $581,027,000 after acquiring an additional 100,076 shares during the period. Mizuho Securities USA LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF by 17.8% during the fourth quarter. Mizuho Securities USA LLC now owns 1,963,470 shares of the exchange traded fund’s stock valued at $484,940,000 after acquiring an additional 296,538 shares during the period. Bank of Montreal Can raised its holdings in shares of SPDR Dow Jones Industrial Average ETF by 137.1% during the fourth quarter. Bank of Montreal Can now owns 1,079,949 shares of the exchange traded fund’s stock valued at $267,158,000 after acquiring an additional 624,551 shares during the period. Aviance Capital Management LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF by 1.9% during the fourth quarter. Aviance Capital Management LLC now owns 243,771 shares of the exchange traded fund’s stock valued at $60,304,000 after acquiring an additional 4,651 shares during the period. Finally, FundX Investment Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF during the fourth quarter valued at approximately $55,968,000.

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SPDR Dow Jones Industrial Average ETF Company Profile

SPDR Dow Jones Industrial Average ETF Trust (the Trust) is a unit investment, which issues securities called trust units or units. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks.

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