SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Up 94.5% in December

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,545 shares, an increase of 94.5% from the November 30th total of 3,365 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 16,099 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 16,099 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

SPDR S&P Global Dividend ETF Price Performance

Shares of NYSEARCA WDIV traded up $0.07 during trading hours on Friday, hitting $75.81. 4,549 shares of the company’s stock were exchanged, compared to its average volume of 10,763. SPDR S&P Global Dividend ETF has a 1-year low of $59.40 and a 1-year high of $75.88. The stock has a market capitalization of $235.01 million, a price-to-earnings ratio of 13.04 and a beta of 0.63. The company’s 50-day moving average price is $74.27 and its 200-day moving average price is $72.77.

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

Several hedge funds have recently modified their holdings of the business. Stratos Wealth Partners LTD. acquired a new stake in shares of SPDR S&P Global Dividend ETF in the second quarter worth $4,667,000. Corient Private Wealth LLC grew its position in SPDR S&P Global Dividend ETF by 99.1% in the 2nd quarter. Corient Private Wealth LLC now owns 116,376 shares of the company’s stock worth $8,209,000 after purchasing an additional 57,916 shares during the last quarter. Prudential PLC grew its position in SPDR S&P Global Dividend ETF by 77.7% in the 2nd quarter. Prudential PLC now owns 59,624 shares of the company’s stock worth $4,206,000 after purchasing an additional 26,080 shares during the last quarter. AE Wealth Management LLC increased its holdings in shares of SPDR S&P Global Dividend ETF by 4.3% during the 3rd quarter. AE Wealth Management LLC now owns 336,822 shares of the company’s stock worth $24,485,000 after purchasing an additional 13,920 shares during the period. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of SPDR S&P Global Dividend ETF during the third quarter valued at about $635,000.

About SPDR S&P Global Dividend ETF

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.