SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Sees Significant Growth in Short Interest

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 71,123 shares, a growth of 125.8% from the July 30th total of 31,493 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 22,564 shares, the short-interest ratio is presently 3.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its stake in SPDR Dow Jones International Real Estate ETF by 83.1% in the fourth quarter. Jane Street Group LLC now owns 188,460 shares of the company’s stock valued at $5,277,000 after acquiring an additional 85,511 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of SPDR Dow Jones International Real Estate ETF in the 3rd quarter valued at about $1,449,000. Susquehanna International Group LLP purchased a new stake in shares of SPDR Dow Jones International Real Estate ETF in the 3rd quarter valued at about $1,247,000. Jones Financial Companies Lllp boosted its position in shares of SPDR Dow Jones International Real Estate ETF by 10,907.0% in the 1st quarter. Jones Financial Companies Lllp now owns 39,405 shares of the company’s stock valued at $965,000 after purchasing an additional 39,047 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of SPDR Dow Jones International Real Estate ETF by 805.8% in the 2nd quarter. Osaic Holdings Inc. now owns 38,017 shares of the company’s stock valued at $994,000 after purchasing an additional 33,820 shares during the period. Institutional investors and hedge funds own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Stock Performance

Shares of RWX traded down $0.24 during midday trading on Friday, hitting $27.47. The company had a trading volume of 23,908 shares, compared to its average volume of 36,749. SPDR Dow Jones International Real Estate ETF has a 1 year low of $26.07 and a 1 year high of $30.47. The firm has a market capitalization of $263.44 million, a P/E ratio of 18.85 and a beta of 0.76. The company’s 50-day simple moving average is $27.53 and its 200-day simple moving average is $27.88.

About SPDR Dow Jones International Real Estate ETF

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.