Short Interest in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Declines By 43.2%

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 800,642 shares, a decrease of 43.2% from the June 15th total of 1,408,543 shares. Based on an average daily trading volume, of 2,884,327 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR Portfolio Developed World ex-US ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Dagco Inc. lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 11.4% during the second quarter. Dagco Inc. now owns 35,368 shares of the company’s stock valued at $1,782,000 after buying an additional 3,614 shares during the period. Partnership Wealth Management LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.4% during the 2nd quarter. Partnership Wealth Management LLC now owns 218,092 shares of the company’s stock worth $10,990,000 after purchasing an additional 7,258 shares during the period. G&S Capital LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3.2% during the second quarter. G&S Capital LLC now owns 92,587 shares of the company’s stock worth $4,665,000 after purchasing an additional 2,907 shares during the last quarter. City Holding Co. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter valued at $301,000. Finally, Spinnaker Investment Group LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the second quarter valued at $472,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDR Portfolio Developed World ex-US ETF stock traded down $0.53 during mid-day trading on Thursday, hitting $49.63. 3,437,031 shares of the company were exchanged, compared to its average volume of 4,620,601. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $39.54 and a 12-month high of $52.16. The company has a market capitalization of $39.85 billion, a P/E ratio of 16.12 and a beta of 0.83. The business’s 50 day simple moving average is $50.36 and its two-hundred day simple moving average is $48.31.

SPDR Portfolio Developed World ex-US ETF Company Profile

SPDR S&P World ex US ETF (the Fund) seeks to replicate as closely as possible total return performance of the S&P/Citigroup BMI World Ex US Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.