SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Short Interest Up 630.1% in June

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 189,163 shares, a growth of 630.1% from the May 31st total of 25,909 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily volume of 88,560 shares, the short-interest ratio is currently 2.1 days.

SPDR Dow Jones International Real Estate ETF Price Performance

NYSEARCA RWX opened at $26.96 on Friday. The firm has a market capitalization of $261.24 million, a price-to-earnings ratio of 18.85 and a beta of 0.76. The company has a 50 day simple moving average of $27.57 and a 200-day simple moving average of $28.13. SPDR Dow Jones International Real Estate ETF has a 52-week low of $26.07 and a 52-week high of $30.47.

Institutional Investors Weigh In On SPDR Dow Jones International Real Estate ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RWX. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR Dow Jones International Real Estate ETF during the 4th quarter valued at $28,000. CIBC Private Wealth Group LLC raised its holdings in shares of SPDR Dow Jones International Real Estate ETF by 41.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,140 shares of the company’s stock worth $32,000 after acquiring an additional 335 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in SPDR Dow Jones International Real Estate ETF during the second quarter valued at $81,000. Strategic Wealth Advisors LLC acquired a new stake in SPDR Dow Jones International Real Estate ETF during the fourth quarter valued at $93,000. Finally, Bank of Nova Scotia acquired a new position in SPDR Dow Jones International Real Estate ETF in the 4th quarter worth about $201,000. Hedge funds and other institutional investors own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Company Profile

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.