SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Down 66.0% in January

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 5,486 shares, a decline of 66.0% from the December 31st total of 16,121 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 27,272 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 27,272 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

SPDR Global Dow ETF Stock Performance

Shares of DGT stock traded down $0.77 during trading hours on Friday, reaching $173.46. The company had a trading volume of 22,224 shares, compared to its average volume of 25,721. The stock’s fifty day simple moving average is $168.48 and its 200 day simple moving average is $162.39. The company has a market capitalization of $525.58 million, a P/E ratio of 15.93 and a beta of 0.88. SPDR Global Dow ETF has a twelve month low of $121.09 and a twelve month high of $174.79.

Hedge Funds Weigh In On SPDR Global Dow ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC increased its position in shares of SPDR Global Dow ETF by 1.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,014 shares of the company’s stock worth $811,000 after acquiring an additional 63 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of SPDR Global Dow ETF by 6.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,433 shares of the company’s stock valued at $232,000 after purchasing an additional 87 shares in the last quarter. CWM LLC boosted its stake in shares of SPDR Global Dow ETF by 17.4% during the 4th quarter. CWM LLC now owns 762 shares of the company’s stock valued at $127,000 after buying an additional 113 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of SPDR Global Dow ETF by 2.6% during the second quarter. Janney Montgomery Scott LLC now owns 5,731 shares of the company’s stock worth $863,000 after buying an additional 143 shares in the last quarter. Finally, Roundview Capital LLC raised its stake in shares of SPDR Global Dow ETF by 1.0% in the 2nd quarter. Roundview Capital LLC now owns 20,161 shares of the company’s stock valued at $3,037,000 after purchasing an additional 198 shares in the last quarter.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.