SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Sees Significant Increase in Short Interest

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 29,468 shares, a growth of 75.2% from the May 31st total of 16,816 shares. Based on an average daily volume of 48,646 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On SPDR S&P Global Infrastructure ETF

Hedge funds have recently modified their holdings of the company. Copia Wealth Management boosted its holdings in shares of SPDR S&P Global Infrastructure ETF by 18.5% during the fourth quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock worth $71,000 after purchasing an additional 158 shares during the period. Eagle Bay Advisors LLC bought a new stake in shares of SPDR S&P Global Infrastructure ETF in the fourth quarter worth about $31,000. Parallel Advisors LLC increased its holdings in SPDR S&P Global Infrastructure ETF by 168.7% during the 4th quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock valued at $56,000 after purchasing an additional 506 shares during the period. Rathbones Group PLC increased its holdings in SPDR S&P Global Infrastructure ETF by 3.0% during the 3rd quarter. Rathbones Group PLC now owns 49,877 shares of the company’s stock valued at $3,471,000 after purchasing an additional 1,438 shares during the period. Finally, Jones Financial Companies Lllp raised its position in SPDR S&P Global Infrastructure ETF by 174.1% during the 1st 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 last quarter.

SPDR S&P Global Infrastructure ETF Price Performance

Shares of NYSEARCA GII opened at $76.00 on Friday. The firm’s fifty day moving average is $75.81 and its 200 day moving average is $74.81. SPDR S&P Global Infrastructure ETF has a 52 week low of $65.99 and a 52 week high of $78.95. The company has a market cap of $965.20 million, a price-to-earnings ratio of 20.11 and a beta of 0.62.

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.