SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Update

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 16,490 shares, a growth of 59.2% from the August 15th total of 10,361 shares. Based on an average daily volume of 7,344 shares, the short-interest ratio is currently 2.2 days. Currently, 0.5% of the shares of the stock are sold short.

SPDR Global Dow ETF Stock Up 1.2%

NYSEARCA:DGT opened at $190.08 on Friday. The firm has a market cap of $587.35 million, a PE ratio of 15.93 and a beta of 0.81. SPDR Global Dow ETF has a 12 month low of $159.13 and a 12 month high of $193.03. The company’s 50-day moving average price is $189.27 and its two-hundred day moving average price is $183.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC increased its holdings in SPDR Global Dow ETF by 6.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,978 shares of the company’s stock valued at $365,000 after purchasing an additional 122 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of SPDR Global Dow ETF by 103.6% during the second quarter. NewEdge Advisors LLC now owns 5,733 shares of the company’s stock worth $1,059,000 after purchasing an additional 2,917 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of SPDR Global Dow ETF during the second quarter worth $59,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of SPDR Global Dow ETF in the second quarter valued at $299,000. Finally, Arkadios Wealth Advisors increased 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 buying an additional 893 shares in the last quarter.

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.