SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Short Interest Down 76.4% in May

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 11,458 shares, a decline of 76.4% from the April 30th total of 48,522 shares. Based on an average daily volume of 90,878 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in GII. TOWER TRUST & INVESTMENT Co lifted its holdings in SPDR S&P Global Infrastructure ETF by 53.6% in the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 189,670 shares of the company’s stock valued at $13,233,000 after acquiring an additional 66,182 shares during the last quarter. Marshall Wace LLP purchased a new stake in SPDR S&P Global Infrastructure ETF in the second quarter valued at approximately $1,089,000. Farther Finance Advisors LLC raised its position in SPDR S&P Global Infrastructure ETF by 5,749.0% in the fourth quarter. Farther Finance Advisors LLC now owns 11,230 shares of the company’s stock valued at $784,000 after purchasing an additional 11,038 shares during the period. JPMorgan Chase & Co. raised its position in SPDR S&P Global Infrastructure ETF by 775.1% in the third quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock valued at $699,000 after purchasing an additional 8,898 shares during the period. Finally, Jones Financial Companies Lllp raised its position in SPDR S&P Global Infrastructure ETF by 174.1% in the first quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock valued at $726,000 after purchasing an additional 7,435 shares during the period.

SPDR S&P Global Infrastructure ETF Stock Performance

Shares of SPDR S&P Global Infrastructure ETF stock traded down $0.04 on Friday, hitting $75.69. The company’s stock had a trading volume of 103,897 shares, compared to its average volume of 69,667. SPDR S&P Global Infrastructure ETF has a 1 year low of $65.65 and a 1 year high of $78.95. The firm has a fifty day moving average price of $76.36 and a 200-day moving average price of $74.00. The company has a market capitalization of $965.05 million, a price-to-earnings ratio of 20.11 and a beta of 0.64.

SPDR S&P Global Infrastructure ETF Company Profile

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.