Short Interest in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Increases By 242.0%

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 2,737,825 shares, a growth of 242.0% from the June 30th total of 800,642 shares. Based on an average trading volume of 3,830,152 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA:SPDW traded down $0.06 during trading on Friday, hitting $49.39. 2,424,685 shares of the company were exchanged, compared to its average volume of 4,535,309. The company has a market cap of $39.66 billion, a PE ratio of 16.12 and a beta of 0.83. The stock has a 50 day moving average of $50.30 and a 200 day moving average of $48.49. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $39.54 and a 52-week high of $52.16.

Institutional Trading of SPDR Portfolio Developed World ex-US ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Morton Brown Family Wealth LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 2.9% in the 1st quarter. Morton Brown Family Wealth LLC now owns 7,472 shares of the company’s stock worth $341,000 after purchasing an additional 212 shares during the period. Vantage Point Financial LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 1.5% during the fourth quarter. Vantage Point Financial LLC now owns 14,295 shares of the company’s stock valued at $635,000 after buying an additional 213 shares during the period. Webster Bank N. A. lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 10.0% in the first quarter. Webster Bank N. A. now owns 2,368 shares of the company’s stock worth $108,000 after buying an additional 215 shares in the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 0.5% in the first quarter. Apollon Wealth Management LLC now owns 42,295 shares of the company’s stock worth $1,931,000 after buying an additional 216 shares in the last quarter. Finally, HB Wealth Management LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% in the first quarter. HB Wealth Management LLC now owns 7,450 shares of the company’s stock valued at $340,000 after acquiring an additional 226 shares during the period.

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.