Short Interest in SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) Increases By 399.7%

SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 7,036 shares, an increase of 399.7% from the August 15th total of 1,408 shares. Based on an average trading volume of 2,670 shares, the days-to-cover ratio is presently 2.6 days. Currently, 0.3% of the company’s stock are short sold.

SPDR MSCI USA Gender Diversity ETF Stock Performance

Shares of SHE stock traded up $1.75 during trading on Friday, hitting $157.97. The company’s stock had a trading volume of 632 shares, compared to its average volume of 3,400. SPDR MSCI USA Gender Diversity ETF has a 52 week low of $124.40 and a 52 week high of $162.02. The business has a fifty day moving average of $156.56 and a 200-day moving average of $147.44.

Hedge Funds Weigh In On SPDR MSCI USA Gender Diversity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wealthfront Advisers LLC increased its holdings in SPDR MSCI USA Gender Diversity ETF by 1.9% in the first quarter. Wealthfront Advisers LLC now owns 6,276 shares of the company’s stock valued at $802,000 after buying an additional 116 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of SPDR MSCI USA Gender Diversity ETF by 0.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 33,219 shares of the company’s stock valued at $4,246,000 after purchasing an additional 138 shares during the last quarter. Wells Fargo & Company MN raised its position in SPDR MSCI USA Gender Diversity ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 11,866 shares of the company’s stock valued at $1,567,000 after purchasing an additional 156 shares during the period. Dynamic Advisor Solutions LLC lifted its position in shares of SPDR MSCI USA Gender Diversity ETF by 5.1% during the second quarter. Dynamic Advisor Solutions LLC now owns 3,758 shares of the company’s stock worth $580,000 after purchasing an additional 183 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of SPDR MSCI USA Gender Diversity ETF by 7.1% in the first quarter. Bank of New York Mellon Corp now owns 3,018 shares of the company’s stock worth $386,000 after acquiring an additional 200 shares in the last quarter.

SPDR MSCI USA Gender Diversity ETF Company Profile

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.