SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Short Interest Update

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,182,940 shares, a decline of 24.1% from the December 15th total of 5,510,071 shares. Currently, 4.5% of the company’s stock are sold short. Based on an average trading volume of 4,235,201 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 4,235,201 shares, the days-to-cover ratio is presently 1.0 days. Currently, 4.5% of the company’s stock are sold short.

Institutional Trading of SPDR Dow Jones Industrial Average ETF Trust

Hedge funds have recently bought and sold shares of the business. Howard Capital Management Group LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $202,000. Aspire Capital Advisors LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.5% in the 4th quarter. Aspire Capital Advisors LLC now owns 769 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 109 shares during the last quarter. Heck Capital Advisors LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 27.8% during the fourth quarter. Heck Capital Advisors LLC now owns 107,380 shares of the exchange traded fund’s stock valued at $51,659,000 after buying an additional 23,330 shares during the period. Aberdeen Group plc purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $632,000. Finally, Beaumont Financial Advisors LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 6.8% during the fourth quarter. Beaumont Financial Advisors LLC now owns 2,817 shares of the exchange traded fund’s stock worth $1,354,000 after buying an additional 179 shares during the last quarter. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA opened at $493.42 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $496.34. The firm has a market capitalization of $45.07 billion, a P/E ratio of 22.20 and a beta of 0.91. The company’s 50-day moving average is $480.99 and its 200 day moving average is $465.03.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 16th will be paid a $0.1786 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Friday, January 16th.

SPDR Dow Jones Industrial Average ETF Trust Company Profile

SPDR Dow Jones Industrial Average ETF Trust (the Trust) is a unit investment, which issues securities called trust units or units. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks.