SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Sees Large Increase in Short Interest

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 832,139 shares, a growth of 287.4% from the May 31st total of 214,774 shares. Based on an average daily volume of 526,328 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.9% of the shares of the stock are sold short.

SPDR Bridgewater All Weather ETF Stock Down 0.1%

ALLW stock traded down $0.04 during midday trading on Friday, hitting $29.22. The company’s stock had a trading volume of 587,452 shares, compared to its average volume of 780,668. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 19.42 and a beta of 0.32. SPDR Bridgewater All Weather ETF has a 12 month low of $25.71 and a 12 month high of $30.33. The company has a 50 day moving average of $29.75 and a two-hundred day moving average of $29.21.

Hedge Funds Weigh In On SPDR Bridgewater All Weather ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sheets Smith Wealth Management grew its holdings in SPDR Bridgewater All Weather ETF by 1.0% during the 1st quarter. Sheets Smith Wealth Management now owns 51,805 shares of the company’s stock valued at $1,495,000 after buying an additional 500 shares in the last quarter. Oregon Pacific Wealth Management LLC grew its holdings in shares of SPDR Bridgewater All Weather ETF by 1.0% in the first quarter. Oregon Pacific Wealth Management LLC now owns 49,743 shares of the company’s stock valued at $1,435,000 after purchasing an additional 510 shares in the last quarter. J.Safra Asset Management Corp grew its holdings in shares of SPDR Bridgewater All Weather ETF by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 6,552 shares of the company’s stock valued at $180,000 after purchasing an additional 597 shares in the last quarter. Capital Advisors Ltd. LLC bought a new stake in SPDR Bridgewater All Weather ETF in the first quarter worth $25,000. Finally, Truist Financial Corp lifted its position in SPDR Bridgewater All Weather ETF by 10.9% during the fourth quarter. Truist Financial Corp now owns 10,255 shares of the company’s stock valued at $282,000 after purchasing an additional 1,005 shares during the last quarter.

About SPDR Bridgewater All Weather ETF

The SPDR Bridgewater All Weather ETF (ALLW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund utilizes Bridgewaters All Weather strategy, diversifying across asset classes to manage risk and optimize returns in varying market conditions. The fund aims for long-term capital growth ALLW was launched on Mar 5, 2025 and is issued by State Street.