SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Short Interest Up 233.6% in February

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 603,822 shares, a growth of 233.6% from the January 29th total of 180,995 shares. Currently, 3.6% of the shares of the stock are short sold. Based on an average daily volume of 433,151 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 433,151 shares, the days-to-cover ratio is presently 1.4 days. Currently, 3.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR Dow Jones REIT ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Clayton Financial Group LLC acquired a new position in SPDR Dow Jones REIT ETF during the fourth quarter worth $27,000. Larson Financial Group LLC increased its position in shares of SPDR Dow Jones REIT ETF by 153.4% in the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock valued at $30,000 after buying an additional 178 shares in the last quarter. CWM LLC raised its stake in shares of SPDR Dow Jones REIT ETF by 119.7% during the 4th quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after buying an additional 176 shares during the last quarter. Beacon Capital Management Inc. acquired a new position in shares of SPDR Dow Jones REIT ETF during the 2nd quarter worth $32,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of SPDR Dow Jones REIT ETF in the 4th quarter worth about $42,000.

SPDR Dow Jones REIT ETF Stock Performance

RWR traded down $0.33 on Friday, hitting $108.15. 637,417 shares of the company were exchanged, compared to its average volume of 347,821. The business’s fifty day moving average is $102.02 and its 200 day moving average is $100.41. SPDR Dow Jones REIT ETF has a fifty-two week low of $83.14 and a fifty-two week high of $109.24. The firm has a market capitalization of $1.79 billion, a P/E ratio of 36.49 and a beta of 1.05.

SPDR Dow Jones REIT ETF Company Profile

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.