SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Shares Shorted: Short Interest Up 77.2% in October

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 124,425 shares, an increase of 77.2% from the September 30th total of 70,203 shares. Based on an average daily volume of 41,274 shares, the short-interest ratio is presently 3.0 days. Currently, 1.0% of the shares of the company are sold short.

Institutional Investors Weigh In On SPDR S&P Global Infrastructure ETF

An institutional investor recently raised its stake in SPDR S&P Global Infrastructure ETF stock. TOWER TRUST & INVESTMENT Co boosted its stake in shares of SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 195,377 shares of the company’s stock after purchasing an additional 7,278 shares during the period. SPDR S&P Global Infrastructure ETF comprises about 7.8% of TOWER TRUST & INVESTMENT Co’s investment portfolio, making the stock its 3rd biggest position. TOWER TRUST & INVESTMENT Co owned approximately 1.51% of SPDR S&P Global Infrastructure ETF worth $13,662,000 as of its most recent filing with the SEC.

SPDR S&P Global Infrastructure ETF Trading Up 0.4%

Shares of SPDR S&P Global Infrastructure ETF stock traded up $0.32 during trading on Friday, hitting $75.07. The stock had a trading volume of 46,132 shares, compared to its average volume of 55,103. The business’s 50-day moving average is $72.54 and its 200 day moving average is $74.88. The firm has a market cap of $968.40 million, a price-to-earnings ratio of 20.11 and a beta of 0.62. SPDR S&P Global Infrastructure ETF has a 12 month low of $69.01 and a 12 month high of $78.95.

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.