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

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 100,306 shares, a decline of 33.8% from the July 30th total of 151,414 shares. Based on an average daily trading volume, of 332,239 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Trading of SPDR Dow Jones Global Real Estate ETF

Institutional investors have recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. bought a new position in SPDR Dow Jones Global Real Estate ETF in the fourth quarter valued at about $32,000. Smartleaf Asset Management LLC boosted its stake in shares of SPDR Dow Jones Global Real Estate ETF by 28.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,018 shares of the company’s stock worth $46,000 after acquiring an additional 224 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 2nd quarter worth $62,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the 4th quarter worth $111,000. Finally, Kestra Advisory Services LLC bought a new position in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter worth about $122,000.

SPDR Dow Jones Global Real Estate ETF Stock Performance

Shares of RWO traded up $0.11 during mid-day trading on Tuesday, reaching $49.58. The company had a trading volume of 300,302 shares, compared to its average volume of 72,632. SPDR Dow Jones Global Real Estate ETF has a 52 week low of $44.09 and a 52 week high of $52.26. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 28.96 and a beta of 0.90. The firm has a 50-day moving average price of $50.57 and a 200 day moving average price of $49.24.

SPDR Dow Jones Global Real Estate ETF Company Profile