SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Up 80.6% in June

SPDR Global Dow ETF (NYSEARCA:DGT) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 14,354 shares, an increase of 80.6% from the June 15th total of 7,948 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 10,314 shares, the days-to-cover ratio is presently 1.4 days.

SPDR Global Dow ETF Stock Down 0.2%

SPDR Global Dow ETF stock opened at $184.70 on Friday. The firm has a fifty day simple moving average of $185.40 and a two-hundred day simple moving average of $178.01. SPDR Global Dow ETF has a twelve month low of $148.40 and a twelve month high of $189.73. The company has a market capitalization of $605.82 million, a PE ratio of 15.93 and a beta of 0.81.

Institutional Investors Weigh In On SPDR Global Dow ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Advisors Preferred LLC boosted its holdings in SPDR Global Dow ETF by 100.0% during the 1st quarter. Advisors Preferred LLC now owns 430 shares of the company’s stock valued at $73,000 after acquiring an additional 215 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in SPDR Global Dow ETF in the 4th quarter worth approximately $102,000. CWM LLC increased its stake in SPDR Global Dow ETF by 17.4% in the 4th quarter. CWM LLC now owns 762 shares of the company’s stock worth $127,000 after purchasing an additional 113 shares during the period. CoreCap Advisors LLC lifted its position in SPDR Global Dow ETF by 30.1% in the fourth quarter. CoreCap Advisors LLC now owns 982 shares of the company’s stock valued at $164,000 after purchasing an additional 227 shares during the last quarter. Finally, AlphaCore Capital LLC bought a new stake in SPDR Global Dow ETF in the fourth quarter valued at approximately $213,000.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.