SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Short Interest Update

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 45,912 shares, an increase of 64.0% from the December 31st total of 27,991 shares. Based on an average daily volume of 116,559 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 116,559 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Fairway Wealth LLC acquired a new position in SPDR Portfolio MSCI Global Stock Market ETF in the third quarter valued at approximately $62,000. Acima Private Wealth LLC raised its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 14.6% during the third quarter. Acima Private Wealth LLC now owns 1,676 shares of the company’s stock worth $126,000 after purchasing an additional 214 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of SPDR Portfolio MSCI Global Stock Market ETF by 1,049.3% during the 4th quarter. Farther Finance Advisors LLC now owns 4,919 shares of the company’s stock worth $377,000 after buying an additional 4,491 shares during the last quarter. Holos Integrated Wealth LLC purchased a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF in the 4th quarter valued at $682,000. Finally, Ameriprise Financial Inc. raised its stake in SPDR Portfolio MSCI Global Stock Market ETF by 64.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,381 shares of the company’s stock worth $785,000 after acquiring an additional 4,460 shares in the last quarter.

SPDR Portfolio MSCI Global Stock Market ETF Stock Down 1.0%

NYSEARCA SPGM traded down $0.76 on Friday, hitting $79.11. 682,754 shares of the stock were exchanged, compared to its average volume of 171,993. The company has a market cap of $1.45 billion, a PE ratio of 20.63 and a beta of 0.93. The company has a 50-day moving average price of $77.40 and a 200-day moving average price of $74.92. SPDR Portfolio MSCI Global Stock Market ETF has a fifty-two week low of $54.21 and a fifty-two week high of $80.28.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is an exchange-traded fund that is based on the MSCI AC World IMI index, a market-cap-weighted index of global stocks covering 99% of the developed and emerging markets capitalization. SPGM was launched on Feb 27, 2012 and is managed by State Street.