SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Update

SPDR Global Dow ETF (NYSEARCA:DGT) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 10,361 shares, an increase of 81.4% from the July 30th total of 5,712 shares. Based on an average daily volume of 10,696 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC lifted its holdings in SPDR Global Dow ETF by 234.5% in the 1st quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after purchasing an additional 38,512 shares during the last quarter. CW Advisors LLC bought a new stake in SPDR Global Dow ETF during the second quarter worth approximately $220,000. Raymond James Financial Inc. grew its holdings in SPDR Global Dow ETF by 20.6% during the second quarter. Raymond James Financial Inc. now owns 11,843 shares of the company’s stock valued at $1,784,000 after purchasing an additional 2,019 shares during the last quarter. Ameriprise Financial Inc. acquired a new position in SPDR Global Dow ETF during the second quarter valued at approximately $5,125,000. Finally, Bank of America Corp DE raised its position in shares of SPDR Global Dow ETF by 85.4% in the second quarter. Bank of America Corp DE now owns 32,294 shares of the company’s stock valued at $4,865,000 after purchasing an additional 14,871 shares during the period.

SPDR Global Dow ETF Trading Down 0.2%

SPDR Global Dow ETF stock traded down $0.42 during mid-day trading on Monday, hitting $191.01. 5,007 shares of the company’s stock were exchanged, compared to its average volume of 16,913. The stock has a market cap of $626.51 million, a P/E ratio of 15.93 and a beta of 0.81. SPDR Global Dow ETF has a 1-year low of $154.39 and a 1-year high of $192.95. The stock has a 50 day moving average of $187.60 and a two-hundred day moving average of $182.00.

About SPDR Global Dow ETF

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.