SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Large Drop in Short Interest

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 151,414 shares, a decline of 41.6% from the July 15th total of 259,361 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 50,549 shares, the short-interest ratio is presently 3.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RWO. Brighton Jones LLC lifted its position in shares of SPDR Dow Jones Global Real Estate ETF by 65.3% during the 4th quarter. Brighton Jones LLC now owns 355,538 shares of the company’s stock worth $15,249,000 after buying an additional 140,482 shares during the last quarter. Royal Bank of Canada grew its position in shares of SPDR Dow Jones Global Real Estate ETF by 9.4% in the 1st quarter. Royal Bank of Canada now owns 56,200 shares of the company’s stock valued at $2,453,000 after buying an additional 4,838 shares during the last quarter. Jane Street Group LLC acquired a new stake in SPDR Dow Jones Global Real Estate ETF during the 1st quarter worth $1,440,000. State Street Corp raised its stake in SPDR Dow Jones Global Real Estate ETF by 4.4% during the 2nd quarter. State Street Corp now owns 6,154,007 shares of the company’s stock worth $271,638,000 after acquiring an additional 258,486 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in SPDR Dow Jones Global Real Estate ETF by 3.4% during the 2nd quarter. Raymond James Financial Inc. now owns 351,013 shares of the company’s stock worth $15,494,000 after acquiring an additional 11,421 shares in the last quarter.

SPDR Dow Jones Global Real Estate ETF Trading Up 0.4%

NYSEARCA:RWO traded up $0.19 during trading hours on Wednesday, hitting $50.28. The company’s stock had a trading volume of 10,812 shares, compared to its average volume of 72,093. The stock has a market capitalization of $1.29 billion, a P/E ratio of 28.96 and a beta of 0.90. The stock has a fifty day moving average of $50.42 and a 200-day moving average of $49.04. SPDR Dow Jones Global Real Estate ETF has a 52-week low of $44.09 and a 52-week high of $52.26.

SPDR Dow Jones Global Real Estate ETF Company Profile