Short Interest in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Decreases By 44.2%

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 209,507 shares, a decline of 44.2% from the June 15th total of 375,736 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 283,505 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Clayton Financial Group LLC acquired a new stake in SPDR Dow Jones REIT ETF in the fourth quarter worth about $27,000. Larson Financial Group LLC increased its stake in SPDR Dow Jones REIT ETF by 153.4% during the 3rd quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock valued at $30,000 after buying an additional 178 shares during the period. CWM LLC raised its position in shares of SPDR Dow Jones REIT ETF by 119.7% during the 4th quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after buying an additional 176 shares in the last quarter. CX Institutional raised its position in shares of SPDR Dow Jones REIT ETF by 852.9% during the 2nd quarter. CX Institutional now owns 324 shares of the company’s stock worth $37,000 after buying an additional 290 shares in the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of SPDR Dow Jones REIT ETF during the 4th quarter worth about $42,000.

SPDR Dow Jones REIT ETF Price Performance

RWR stock traded up $3.34 on Thursday, reaching $117.66. The company’s stock had a trading volume of 167,445 shares, compared to its average volume of 328,155. SPDR Dow Jones REIT ETF has a 52 week low of $94.44 and a 52 week high of $117.66. The company has a market capitalization of $1.91 billion, a P/E ratio of 36.49 and a beta of 0.97. The firm has a fifty day moving average of $112.00 and a two-hundred day moving average of $106.79.

About SPDR Dow Jones REIT ETF

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.