SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Short Interest Update

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 48,522 shares, a decline of 93.7% from the April 15th total of 770,125 shares. Based on an average daily trading volume, of 110,731 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are sold short.

SPDR S&P Global Infrastructure ETF Trading Up 0.0%

GII stock traded up $0.02 during trading on Tuesday, reaching $76.55. The stock had a trading volume of 23,676 shares, compared to its average volume of 69,139. SPDR S&P Global Infrastructure ETF has a 1-year low of $64.53 and a 1-year high of $78.95. The company has a market capitalization of $976.01 million, a P/E ratio of 20.11 and a beta of 0.64. The firm has a fifty day moving average price of $76.51 and a 200 day moving average price of $73.42.

Hedge Funds Weigh In On SPDR S&P Global Infrastructure ETF

A number of institutional investors have recently added to or reduced their stakes in GII. TOWER TRUST & INVESTMENT Co raised its stake in shares of SPDR S&P Global Infrastructure ETF by 53.6% in the 4th quarter. TOWER TRUST & INVESTMENT Co now owns 189,670 shares of the company’s stock valued at $13,233,000 after purchasing an additional 66,182 shares in the last quarter. Rathbones Group PLC grew its position in SPDR S&P Global Infrastructure ETF by 3.0% in the 3rd quarter. Rathbones Group PLC now owns 49,877 shares of the company’s stock worth $3,471,000 after purchasing an additional 1,438 shares during the last quarter. Provenance Wealth Advisors LLC grew its position in SPDR S&P Global Infrastructure ETF by 7.1% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 16,465 shares of the company’s stock worth $1,146,000 after purchasing an additional 1,090 shares during the last quarter. Marshall Wace LLP bought a new position in SPDR S&P Global Infrastructure ETF in the 2nd quarter worth about $1,089,000. Finally, Jones Financial Companies Lllp grew its position in SPDR S&P Global Infrastructure ETF by 174.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock worth $726,000 after purchasing an additional 7,435 shares during the last quarter.

About SPDR S&P Global Infrastructure ETF

SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.