SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Short Interest Up 1,137.8% in August

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 1,213 shares, a growth of 1,137.8% from the July 30th total of 98 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 806 shares, the days-to-cover ratio is presently 1.5 days.

SPDR Portfolio S&P Sector Neutral Dividend ETF Trading Up 0.3%

NYSEARCA SPDG opened at $47.10 on Thursday. SPDR Portfolio S&P Sector Neutral Dividend ETF has a 12 month low of $38.78 and a 12 month high of $47.67. The stock has a market cap of $13.19 million, a price-to-earnings ratio of 17.91 and a beta of 0.77. The company’s 50 day moving average is $46.47 and its two-hundred day moving average is $44.95.

About SPDR Portfolio S&P Sector Neutral Dividend ETF

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.