SPDR Global Dow ETF (NYSEARCA:DGT) Sees Significant Decrease in Short Interest

SPDR Global Dow ETF (NYSEARCA:DGT) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 5,486 shares, a decrease of 66.0% from the December 31st total of 16,121 shares. Based on an average daily volume of 27,272 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 27,272 shares, the short-interest ratio is presently 0.2 days.

SPDR Global Dow ETF Stock Up 0.6%

Shares of DGT traded up $1.04 during mid-day trading on Thursday, reaching $174.23. 24,412 shares of the company’s stock were exchanged, compared to its average volume of 25,906. SPDR Global Dow ETF has a 52-week low of $121.09 and a 52-week high of $174.79. The company has a 50-day simple moving average of $168.26 and a two-hundred day simple moving average of $162.24. The company has a market cap of $527.92 million, a price-to-earnings ratio of 15.93 and a beta of 0.88.

Hedge Funds Weigh In On SPDR Global Dow ETF

Several large investors have recently added to or reduced their stakes in DGT. Jane Street Group LLC raised its holdings in SPDR Global Dow ETF by 234.5% in the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock valued at $7,680,000 after buying an additional 38,512 shares during the period. Janney Montgomery Scott LLC boosted its position in SPDR Global Dow ETF by 2.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 5,731 shares of the company’s stock worth $863,000 after purchasing an additional 143 shares during the period. Roundview Capital LLC increased its holdings in SPDR Global Dow ETF by 1.0% in the 2nd quarter. Roundview Capital LLC now owns 20,161 shares of the company’s stock valued at $3,037,000 after purchasing an additional 198 shares in the last quarter. Systelligence LLC raised its position in SPDR Global Dow ETF by 10.0% in the second quarter. Systelligence LLC now owns 176,629 shares of the company’s stock valued at $26,607,000 after purchasing an additional 16,111 shares during the period. Finally, Onyx Bridge Wealth Group LLC acquired a new position in shares of SPDR Global Dow ETF during the second quarter worth about $3,774,000.

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.