SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Stock Short Interest Jumps 396.6%

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,521,709 shares, a growth of 396.6% from the September 15th total of 709,157 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,702,392 shares, the days-to-cover ratio is currently 1.3 days.

SPDR Portfolio Developed World ex-US ETF Trading Down 0.6%

SPDW stock traded down $0.30 during trading on Monday, hitting $49.68. The company had a trading volume of 2,156,776 shares, compared to its average volume of 3,989,306. The company has a fifty day moving average price of $51.26 and a two-hundred day moving average price of $50.02. The company has a market cap of $40.54 billion, a P/E ratio of 16.12 and a beta of 0.85. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $41.99 and a fifty-two week high of $52.43.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Auto Owners Insurance Co raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 5,626.0% during the fourth quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock valued at $38,730,349,000 after acquiring an additional 856,878,081 shares in the last quarter. Mariner LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 4.7% in the 4th quarter. Mariner LLC now owns 4,659,049 shares of the company’s stock worth $206,919,000 after acquiring an additional 209,802 shares in the last quarter. Vicus Capital grew its stake in SPDR Portfolio Developed World ex-US ETF by 60.3% in the first quarter. Vicus Capital now owns 2,876,162 shares of the company’s stock worth $131,297,000 after purchasing an additional 1,082,267 shares during the period. Advocacy Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 9.2% during the 2nd quarter. Advocacy Wealth Management LLC now owns 2,268,369 shares of the company’s stock valued at $114,303,000 after buying an additional 191,999 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 5.0% in the 1st quarter. Cetera Investment Advisers now owns 2,259,941 shares of the company’s stock worth $103,166,000 after buying an additional 108,548 shares during the period.

About SPDR Portfolio Developed World ex-US ETF

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.