SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Stock Short Interest Report for October

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 70,784 shares, an increase of 126.1% from the September 30th total of 31,303 shares. Based on an average trading volume of 160,427 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are short sold.

SPDR Portfolio MSCI Global Stock Market ETF Stock Down 1.8%

Shares of SPDR Portfolio MSCI Global Stock Market ETF stock traded down $1.58 during midday trading on Friday, hitting $85.04. The company had a trading volume of 50,082 shares, compared to its average volume of 182,503. The company has a fifty day simple moving average of $87.06 and a 200 day simple moving average of $83.40. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 20.63 and a beta of 0.92. SPDR Portfolio MSCI Global Stock Market ETF has a 12-month low of $73.12 and a 12-month high of $88.84.

Institutional Investors Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. DGS Capital Management LLC acquired a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF in the 1st quarter valued at $354,000. Ethos Financial Group LLC raised its stake in SPDR Portfolio MSCI Global Stock Market ETF by 6.7% in the 1st quarter. Ethos Financial Group LLC now owns 127,108 shares of the company’s stock worth $9,623,000 after acquiring an additional 7,927 shares during the last quarter. Finally, Stillwater Private Wealth LLC acquired a new stake in SPDR Portfolio MSCI Global Stock Market ETF during the 1st quarter worth about $891,000.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is an exchange-traded fund that is based on the MSCI AC World IMI index, a market-cap-weighted index of global stocks covering 99% of the developed and emerging markets capitalization. SPGM was launched on Feb 27, 2012 and is managed by State Street.