Short Interest in SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Expands By 252.7%

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 73,588 shares, a growth of 252.7% from the July 15th total of 20,863 shares. Based on an average daily volume of 41,302 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.6% of the company’s stock are sold short.

SPDR S&P Global Infrastructure ETF Price Performance

Shares of SPDR S&P Global Infrastructure ETF stock traded down $0.05 during trading on Thursday, hitting $75.12. 668 shares of the stock were exchanged, compared to its average volume of 61,900. The firm’s 50-day moving average price is $75.72 and its 200 day moving average price is $75.97. The stock has a market cap of $931.49 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 $67.57 and a 12-month high of $78.95.

Institutional Trading of SPDR S&P Global Infrastructure ETF

Institutional investors have recently bought and sold shares of the business. Trust Co. of Vermont acquired a new position in shares of SPDR S&P Global Infrastructure ETF during the 2nd quarter worth about $27,000. Eagle Bay Advisors LLC acquired a new stake in shares of SPDR S&P Global Infrastructure ETF during the 4th quarter worth about $31,000. Parallel Advisors LLC raised its position in shares of 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 worth $56,000 after acquiring an additional 506 shares in the last quarter. Copia Wealth Management lifted its stake in 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 last quarter. Finally, JPMorgan Chase & Co. lifted its stake in SPDR S&P Global Infrastructure ETF by 775.1% during the third quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock worth $699,000 after purchasing an additional 8,898 shares during the last quarter.

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.