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

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 8,996 shares, a decline of 23.6% from the January 29th total of 11,772 shares. Based on an average daily trading volume, of 24,008 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 24,008 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On SPDR Global Dow ETF

Large investors have recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new position in SPDR Global Dow ETF in the third quarter valued at approximately $52,000. Advisors Preferred LLC acquired a new stake in SPDR Global Dow ETF during the 3rd quarter valued at approximately $65,000. Bank of Montreal Can lifted its holdings in SPDR Global Dow ETF by 186.7% during the 2nd quarter. Bank of Montreal Can now owns 430 shares of the company’s stock worth $65,000 after buying an additional 280 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of SPDR Global Dow ETF during the 4th quarter worth $102,000. Finally, CWM LLC boosted its stake in SPDR Global Dow ETF by 17.4% during the 4th quarter. CWM LLC now owns 762 shares of the company’s stock valued at $127,000 after purchasing an additional 113 shares during the period.

SPDR Global Dow ETF Stock Down 0.5%

NYSEARCA:DGT traded down $0.97 during trading hours on Monday, hitting $179.54. 16,403 shares of the company’s stock traded hands, compared to its average volume of 24,746. The firm has a market cap of $544.00 million, a P/E ratio of 15.93 and a beta of 0.88. The business’s fifty day simple moving average is $173.18 and its two-hundred day simple moving average is $166.19. SPDR Global Dow ETF has a 52 week low of $121.09 and a 52 week high of $180.90.

About SPDR Global Dow ETF

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.