SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Short Interest Up 140.0% in May

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 1,200 shares, a growth of 140.0% from the May 15th total of 500 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

SPDR MSCI World StrategicFactors ETF Stock Performance

Shares of QWLD stock traded down $1.47 during trading on Friday, hitting $131.60. The company had a trading volume of 2,300 shares, compared to its average volume of 5,213. The firm has a market capitalization of $161.87 million, a P/E ratio of 19.75 and a beta of 0.84. SPDR MSCI World StrategicFactors ETF has a one year low of $113.04 and a one year high of $133.15. The stock’s 50-day moving average price is $128.52 and its 200 day moving average price is $127.80.

Hedge Funds Weigh In On SPDR MSCI World StrategicFactors ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC increased its stake in shares of SPDR MSCI World StrategicFactors ETF by 656.2% in the first quarter. Jane Street Group LLC now owns 17,575 shares of the company’s stock valued at $2,244,000 after buying an additional 15,251 shares during the period. Raymond James Financial Inc. grew its stake in shares of SPDR MSCI World StrategicFactors ETF by 59.2% in the first quarter. Raymond James Financial Inc. now owns 103,823 shares of the company’s stock worth $13,258,000 after purchasing an additional 38,610 shares during the last quarter. HighTower Advisors LLC lifted its holdings in SPDR MSCI World StrategicFactors ETF by 10.3% during the 1st quarter. HighTower Advisors LLC now owns 3,265 shares of the company’s stock worth $417,000 after buying an additional 305 shares during the period. Thoroughbred Financial Services LLC grew its position in shares of SPDR MSCI World StrategicFactors ETF by 11.0% in the 1st quarter. Thoroughbred Financial Services LLC now owns 3,936 shares of the company’s stock valued at $502,000 after buying an additional 390 shares during the last quarter. Finally, Assetmark Inc. raised its position in shares of SPDR MSCI World StrategicFactors ETF by 1.1% during the first quarter. Assetmark Inc. now owns 38,181 shares of the company’s stock worth $4,876,000 after acquiring an additional 407 shares during the last quarter.

SPDR MSCI World StrategicFactors ETF Company Profile

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.