SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Short Interest Update

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 27,183 shares, an increase of 531.6% from the December 15th total of 4,304 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 26,481 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 26,481 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On SPDR Dow Jones International Real Estate ETF

A number of institutional investors have recently bought and sold shares of RWX. Richard W. Paul & Associates LLC bought a new stake in SPDR Dow Jones International Real Estate ETF in the second quarter valued at approximately $38,000. Raymond James Financial Inc. acquired a new position in shares of SPDR Dow Jones International Real Estate ETF during the 2nd quarter worth approximately $81,000. US Bancorp DE raised its stake in SPDR Dow Jones International Real Estate ETF by 6.1% in the 3rd quarter. US Bancorp DE now owns 7,250 shares of the company’s stock valued at $202,000 after acquiring an additional 416 shares during the period. PNC Financial Services Group Inc. raised its stake in SPDR Dow Jones International Real Estate ETF by 300.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,974 shares of the company’s stock valued at $218,000 after acquiring an additional 5,984 shares during the period. Finally, Global Financial Private Client LLC acquired a new stake in SPDR Dow Jones International Real Estate ETF during the 2nd quarter valued at $225,000. Institutional investors and hedge funds own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Trading Up 0.2%

Shares of RWX traded up $0.07 during midday trading on Monday, reaching $28.73. The stock had a trading volume of 24,534 shares, compared to its average volume of 86,462. The firm has a market cap of $301.09 million, a PE ratio of 18.85 and a beta of 0.82. The firm has a 50 day simple moving average of $27.95 and a 200-day simple moving average of $27.71. SPDR Dow Jones International Real Estate ETF has a one year low of $22.27 and a one year high of $28.80.

About SPDR Dow Jones International Real Estate ETF

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.