Short Interest in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Rises By 58.6%

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 957,917 shares, an increase of 58.6% from the February 12th total of 603,822 shares. Based on an average trading volume of 405,664 shares, the short-interest ratio is presently 2.4 days. Currently, 5.8% of the company’s shares are short sold. Currently, 5.8% of the company’s shares are short sold. Based on an average trading volume of 405,664 shares, the short-interest ratio is presently 2.4 days.

Institutional Trading of SPDR Dow Jones REIT ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Midwest Trust Co purchased a new position in SPDR Dow Jones REIT ETF in the second quarter worth approximately $386,000. Capital Advisors Inc. OK acquired a new position in shares of SPDR Dow Jones REIT ETF in the 3rd quarter valued at $11,865,000. Geneos Wealth Management Inc. lifted its stake in shares of SPDR Dow Jones REIT ETF by 99.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 54,568 shares of the company’s stock valued at $5,262,000 after purchasing an additional 27,256 shares during the last quarter. DT Investment Partners LLC grew its holdings in shares of SPDR Dow Jones REIT ETF by 8.5% during the 3rd quarter. DT Investment Partners LLC now owns 70,042 shares of the company’s stock worth $7,024,000 after purchasing an additional 5,465 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of SPDR Dow Jones REIT ETF by 163.4% during the 2nd quarter. Cetera Investment Advisers now owns 25,354 shares of the company’s stock worth $2,445,000 after purchasing an additional 15,727 shares during the last quarter.

SPDR Dow Jones REIT ETF Price Performance

Shares of RWR traded down $0.27 during mid-day trading on Friday, reaching $104.25. The stock had a trading volume of 137,157 shares, compared to its average volume of 350,146. SPDR Dow Jones REIT ETF has a 52-week low of $83.14 and a 52-week high of $109.24. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 36.49 and a beta of 1.05. The business’s fifty day moving average is $103.59 and its 200 day moving average is $101.04.

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.