SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Increase in Short Interest

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 346,618 shares, an increase of 84.6% from the May 31st total of 187,769 shares. Based on an average daily trading volume, of 77,214 shares, the short-interest ratio is currently 4.5 days. Currently, 1.7% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR S&P International Small Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Signature Equity Partners LLC acquired a new position in shares of SPDR S&P International Small Cap ETF in the first quarter valued at $32,000. O Shaughnessy Asset Management LLC lifted its stake in shares of SPDR S&P International Small Cap ETF by 102.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 936 shares of the company’s stock worth $38,000 after buying an additional 474 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of SPDR S&P International Small Cap ETF during the 1st quarter worth about $50,000. Geneos Wealth Management Inc. bought a new stake in shares of SPDR S&P International Small Cap ETF during the 1st quarter worth about $54,000. Finally, JPMorgan Chase & Co. grew its stake in SPDR S&P International Small Cap ETF by 13.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,161 shares of the company’s stock valued at $80,000 after buying an additional 261 shares during the last quarter.

SPDR S&P International Small Cap ETF Trading Up 0.5%

Shares of NYSEARCA GWX opened at $43.97 on Thursday. The company has a market capitalization of $875.00 million, a P/E ratio of 14.22 and a beta of 0.85. SPDR S&P International Small Cap ETF has a 12 month low of $36.78 and a 12 month high of $47.28. The stock has a 50 day moving average of $45.45 and a 200-day moving average of $44.01.

About SPDR S&P International Small Cap ETF

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.