Short Interest in SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) Drops By 45.4%

SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,403 shares, a drop of 45.4% from the April 15th total of 4,404 shares. Based on an average daily trading volume, of 2,899 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are short sold.

SPDR MSCI USA Gender Diversity ETF Stock Performance

Shares of NYSEARCA SHE traded down $2.98 during midday trading on Friday, reaching $148.80. 1,434 shares of the company were exchanged, compared to its average volume of 3,927. SPDR MSCI USA Gender Diversity ETF has a 1 year low of $117.86 and a 1 year high of $152.71. The stock has a fifty day simple moving average of $136.14 and a 200 day simple moving average of $133.76.

Hedge Funds Weigh In On SPDR MSCI USA Gender Diversity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealthfront Advisers LLC grew its holdings in shares of SPDR MSCI USA Gender Diversity ETF by 1.9% during the first quarter. Wealthfront Advisers LLC now owns 6,276 shares of the company’s stock worth $802,000 after buying an additional 116 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of SPDR MSCI USA Gender Diversity ETF by 0.4% during the first quarter. Geneos Wealth Management Inc. now owns 33,219 shares of the company’s stock worth $4,246,000 after buying an additional 138 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of SPDR MSCI USA Gender Diversity ETF by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 11,866 shares of the company’s stock worth $1,567,000 after buying an additional 156 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of SPDR MSCI USA Gender Diversity ETF by 7.1% during the first quarter. Bank of New York Mellon Corp now owns 3,018 shares of the company’s stock worth $386,000 after buying an additional 200 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of SPDR MSCI USA Gender Diversity ETF during the fourth quarter worth about $29,000.

About SPDR MSCI USA Gender Diversity ETF

The SPDR SSGA Gender Diversity Index ETF (SHE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of US large- and mid-sized companies promoting gender diversity whilst exhibiting a relatively high proportion of women throughout all levels of their organizations. SHE was launched on Mar 7, 2016 and is managed by State Street.