Short Interest in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Expands By 1,599.4%

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 8,038 shares, an increase of 1,599.4% from the April 15th total of 473 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 2,515 shares, the short-interest ratio is currently 3.2 days.

SPDR MSCI World StrategicFactors ETF Stock Down 0.1%

QWLD stock opened at $150.76 on Tuesday. The firm has a market cap of $188.45 million, a PE ratio of 19.41 and a beta of 0.77. The business has a 50 day moving average of $146.78 and a 200-day moving average of $145.26. SPDR MSCI World StrategicFactors ETF has a 12-month low of $129.78 and a 12-month high of $151.53.

Hedge Funds Weigh In On SPDR MSCI World StrategicFactors ETF

Institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC purchased a new position in SPDR MSCI World StrategicFactors ETF in the fourth quarter valued at approximately $31,000. Triumph Capital Management purchased a new position in SPDR MSCI World StrategicFactors ETF in the third quarter valued at approximately $31,000. Root Financial Partners LLC purchased a new position in SPDR MSCI World StrategicFactors ETF in the third quarter valued at approximately $92,000. International Assets Investment Management LLC purchased a new position in SPDR MSCI World StrategicFactors ETF in the fourth quarter valued at approximately $120,000. Finally, Susquehanna International Group LLP purchased a new position in SPDR MSCI World StrategicFactors ETF in the third quarter valued at approximately $288,000.

SPDR MSCI World StrategicFactors ETF Company Profile

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.