Short Interest in SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Expands By 252.7%

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 73,588 shares, a growth of 252.7% from the July 15th total of 20,863 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 41,302 shares, the days-to-cover ratio is currently 1.8 days.

SPDR S&P Global Infrastructure ETF Stock Up 0.1%

Shares of NYSEARCA GII traded up $0.04 during mid-day trading on Friday, hitting $75.08. 20,019 shares of the company traded hands, compared to its average volume of 61,741. SPDR S&P Global Infrastructure ETF has a 1 year low of $67.57 and a 1 year high of $78.95. The stock has a market capitalization of $930.99 million, a price-to-earnings ratio of 20.11 and a beta of 0.62. The business has a 50 day moving average of $75.74 and a two-hundred day moving average of $75.99.

Institutional Trading of SPDR S&P Global Infrastructure ETF

Hedge funds have recently bought and sold shares of the company. Marshall Wace LLP purchased a new position in shares of SPDR S&P Global Infrastructure ETF in the second quarter worth approximately $1,089,000. Farther Finance Advisors LLC lifted its position in shares of SPDR S&P Global Infrastructure ETF by 5,749.0% in the 4th quarter. Farther Finance Advisors LLC now owns 11,230 shares of the company’s stock valued at $784,000 after acquiring an additional 11,038 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR S&P Global Infrastructure ETF by 775.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock worth $699,000 after purchasing an additional 8,898 shares during the period. Jones Financial Companies Lllp boosted its stake in SPDR S&P Global Infrastructure ETF by 174.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock worth $726,000 after purchasing an additional 7,435 shares during the period. Finally, Parallel Advisors LLC boosted its stake in SPDR S&P Global Infrastructure ETF by 168.7% in the 4th quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock worth $56,000 after purchasing an additional 506 shares during the period.

SPDR S&P Global Infrastructure ETF Company Profile

SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.