SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Short Interest Update

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 231,640 shares, a growth of 214.8% from the July 30th total of 73,588 shares. Based on an average daily trading volume, of 38,822 shares, the short-interest ratio is presently 6.0 days. Approximately 1.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Marshall Wace LLP bought a new position in SPDR S&P Global Infrastructure ETF during the second quarter valued at approximately $1,089,000. Jones Financial Companies Lllp grew its position in SPDR S&P Global Infrastructure ETF by 174.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock worth $726,000 after purchasing an additional 7,435 shares during the period. JPMorgan Chase & Co. grew its position in SPDR S&P Global Infrastructure ETF by 775.1% in the 3rd 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 period. Copia Wealth Management raised its stake in SPDR S&P Global Infrastructure ETF by 18.5% during the 4th quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock valued at $71,000 after buying an additional 158 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake 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 buying an additional 506 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Stock Down 0.9%

GII traded down $0.68 during midday trading on Thursday, hitting $74.69. 16,507 shares of the company traded hands, compared to its average volume of 59,702. The firm has a market capitalization of $926.16 million, a PE ratio of 20.11 and a beta of 0.62. The company’s 50-day moving average is $75.73 and its 200 day moving average is $76.10. SPDR S&P Global Infrastructure ETF has a 52 week low of $67.57 and a 52 week 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.