SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Sees Large Decrease in Short Interest

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 117,562 shares, a decrease of 43.9% from the June 30th total of 209,507 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 273,095 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of SPDR Dow Jones REIT ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. City Holding Co. raised its holdings in SPDR Dow Jones REIT ETF by 15.3% in the 2nd quarter. City Holding Co. now owns 25,080 shares of the company’s stock worth $2,833,000 after purchasing an additional 3,325 shares in the last quarter. Camelot Technology Advisors Inc. boosted its stake in shares of SPDR Dow Jones REIT ETF by 22.1% during the 2nd quarter. Camelot Technology Advisors Inc. now owns 8,275 shares of the company’s stock valued at $935,000 after purchasing an additional 1,499 shares in the last quarter. Chesley Taft & Associates LLC purchased a new position in shares of SPDR Dow Jones REIT ETF during the second quarter valued at about $215,000. CX Institutional increased its position in shares of SPDR Dow Jones REIT ETF by 852.9% during the second quarter. CX Institutional now owns 324 shares of the company’s stock valued at $37,000 after buying an additional 290 shares during the period. Finally, WealthPoint Financial LLC raised its stake in SPDR Dow Jones REIT ETF by 21.2% in the first quarter. WealthPoint Financial LLC now owns 3,385 shares of the company’s stock worth $342,000 after buying an additional 592 shares in the last quarter.

SPDR Dow Jones REIT ETF Trading Down 0.4%

NYSEARCA RWR traded down $0.46 on Friday, hitting $115.94. The company’s stock had a trading volume of 413,240 shares, compared to its average volume of 332,690. The firm has a market cap of $1.91 billion, a P/E ratio of 36.49 and a beta of 0.97. SPDR Dow Jones REIT ETF has a 52-week low of $94.44 and a 52-week high of $119.65. The company’s 50-day simple moving average is $113.62 and its 200 day simple moving average is $108.18.

About SPDR Dow Jones REIT ETF

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.