SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Down 58.3% in July

SPDR Global Dow ETF (NYSEARCA:DGT) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 5,712 shares, a decline of 58.3% from the July 15th total of 13,695 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 8,493 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On SPDR Global Dow ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. C M Bidwell & Associates Ltd. acquired a new position in SPDR Global Dow ETF in the 2nd quarter valued at about $299,000. NewEdge Advisors LLC purchased a new position in shares of SPDR Global Dow ETF in the first quarter valued at approximately $477,000. Arkadios Wealth Advisors boosted its stake in shares of SPDR Global Dow ETF by 25.7% in the first quarter. Arkadios Wealth Advisors now owns 4,370 shares of the company’s stock valued at $741,000 after purchasing an additional 893 shares during the period. Royal Bank of Canada grew its holdings in shares of SPDR Global Dow ETF by 25.3% in the first quarter. Royal Bank of Canada now owns 4,454 shares of the company’s stock valued at $755,000 after purchasing an additional 898 shares in the last quarter. Finally, Compound Planning Inc. grew its holdings in shares of SPDR Global Dow ETF by 7.7% in the first quarter. Compound Planning Inc. now owns 6,910 shares of the company’s stock valued at $1,172,000 after purchasing an additional 495 shares in the last quarter.

SPDR Global Dow ETF Stock Down 0.1%

NYSEARCA:DGT traded down $0.18 during trading hours on Monday, reaching $192.13. 2,079 shares of the stock were exchanged, compared to its average volume of 17,495. SPDR Global Dow ETF has a twelve month low of $154.39 and a twelve month high of $192.95. The business has a 50-day moving average of $186.43 and a two-hundred day moving average of $180.77. The company has a market capitalization of $630.19 million, a price-to-earnings ratio of 15.93 and a beta of 0.81.

About SPDR Global Dow ETF

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.