Short Interest in Affinity World Leaders Equity ETF (BATS:WLDR) Decreases By 37.8%

Affinity World Leaders Equity ETF (BATS:WLDR) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 16,507 shares, a decrease of 37.8% from the June 30th total of 26,551 shares. Based on an average daily volume of 15,018 shares, the short-interest ratio is presently 1.1 days. Currently, 1.3% of the company’s stock are sold short.

Affinity World Leaders Equity ETF Price Performance

Shares of WLDR opened at $45.79 on Friday. The stock has a 50-day moving average of $45.46 and a 200-day moving average of $41.27. The company has a market cap of $57.24 million, a PE ratio of 16.51 and a beta of 0.95. Affinity World Leaders Equity ETF has a one year low of $33.59 and a one year high of $47.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sowell Financial Services LLC grew its stake in Affinity World Leaders Equity ETF by 10.4% in the fourth quarter. Sowell Financial Services LLC now owns 1,061,026 shares of the company’s stock valued at $37,752,000 after acquiring an additional 100,103 shares during the period. Jane Street Group LLC acquired a new position in shares of Affinity World Leaders Equity ETF during the first quarter worth approximately $1,042,000. Finally, Cetera Investment Advisers raised its position in shares of Affinity World Leaders Equity ETF by 27.1% during the first quarter. Cetera Investment Advisers now owns 10,790 shares of the company’s stock worth $401,000 after purchasing an additional 2,300 shares during the period.

Affinity World Leaders Equity ETF Company Profile

The Affinity World Leaders Equity ETF (WLDR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of multi-factor-selected securities from the developed markets, weighted in accordance with a proprietary risk model. WLDR was launched on Jan 17, 2018 and is managed by Affinity.