SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Shares Shorted: Short Interest Up 392.1% in September

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,117 shares, an increase of 392.1% from the August 31st total of 227 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 1,181 shares, the short-interest ratio is presently 0.9 days.

SPDR Portfolio S&P Sector Neutral Dividend ETF Price Performance

SPDG stock opened at $45.21 on Friday. SPDR Portfolio S&P Sector Neutral Dividend ETF has a 1 year low of $38.78 and a 1 year high of $47.67. The firm has a market capitalization of $12.66 million, a PE ratio of 17.91 and a beta of 0.77. The business has a 50 day simple moving average of $46.45 and a 200-day simple moving average of $45.24.

About SPDR Portfolio S&P Sector Neutral Dividend ETF

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.