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

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 83,991 shares, a growth of 586.9% from the September 30th total of 12,228 shares. Based on an average trading volume of 90,477 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Innova Wealth Partners acquired a new stake in SPDR Dow Jones International Real Estate ETF during the 3rd quarter worth $1,049,000. State Street Corp boosted its position in shares of SPDR Dow Jones International Real Estate ETF by 86.0% in the 2nd quarter. State Street Corp now owns 1,039,777 shares of the company’s stock worth $28,084,000 after purchasing an additional 480,764 shares during the last quarter. Financial & Tax Architects LLC acquired a new stake in shares of SPDR Dow Jones International Real Estate ETF during the third quarter worth $422,000. Sachem Hill LLC grew its stake in shares of SPDR Dow Jones International Real Estate ETF by 2.5% during the third quarter. Sachem Hill LLC now owns 101,725 shares of the company’s stock worth $2,581,000 after purchasing an additional 2,528 shares during the period. Finally, Parallel Advisors LLC increased its holdings in SPDR Dow Jones International Real Estate ETF by 20.0% in the first quarter. Parallel Advisors LLC now owns 14,115 shares of the company’s stock valued at $376,000 after purchasing an additional 2,355 shares during the last quarter. Institutional investors own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Trading Up 0.4%

RWX traded up $0.10 during trading on Thursday, hitting $25.74. The stock had a trading volume of 5,001 shares, compared to its average volume of 38,299. The firm has a market cap of $230.12 million, a PE ratio of 18.85 and a beta of 0.75. SPDR Dow Jones International Real Estate ETF has a 12 month low of $24.89 and a 12 month high of $30.47. The company has a 50 day simple moving average of $26.28 and a 200-day simple moving average of $27.59.

SPDR Dow Jones International Real Estate ETF Company Profile

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.