SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Stock Short Interest Declines 48.1%

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 30,704 shares, a drop of 48.1% from the August 31st total of 59,135 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 29,885 shares, the short-interest ratio is currently 1.0 days.

SPDR Dow Jones International Real Estate ETF Trading Down 0.9%

RWX stock traded down $0.22 during mid-day trading on Thursday, hitting $25.15. The stock had a trading volume of 74,115 shares, compared to its average volume of 36,169. SPDR Dow Jones International Real Estate ETF has a 1-year low of $25.04 and a 1-year high of $30.47. The company has a fifty day moving average of $27.26 and a 200 day moving average of $27.38. The stock has a market capitalization of $241.19 million, a price-to-earnings ratio of 18.85 and a beta of 0.75.

Hedge Funds Weigh In On SPDR Dow Jones International Real Estate ETF

Hedge funds have recently added to or reduced their stakes in the company. Osborne Partners Capital Management LLC lifted its stake in SPDR Dow Jones International Real Estate ETF by 0.5% in the first quarter. Osborne Partners Capital Management LLC now owns 1,153,817 shares of the company’s stock valued at $30,715,000 after acquiring an additional 5,762 shares during the last quarter. State Street Corp increased its stake in shares of SPDR Dow Jones International Real Estate ETF by 86.0% during 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. Sachem Hill LLC raised its holdings in shares of SPDR Dow Jones International Real Estate ETF by 6.3% during the 1st quarter. Sachem Hill LLC now owns 97,952 shares of the company’s stock valued at $2,607,000 after purchasing an additional 5,836 shares in the last quarter. Assetmark Inc. raised its holdings in shares of SPDR Dow Jones International Real Estate ETF by 2.8% during the 1st quarter. Assetmark Inc. now owns 92,934 shares of the company’s stock valued at $2,474,000 after purchasing an additional 2,568 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in shares of SPDR Dow Jones International Real Estate ETF by 2.1% in the 1st quarter. Kestra Advisory Services LLC now owns 55,549 shares of the company’s stock valued at $1,479,000 after purchasing an additional 1,147 shares during the last quarter. Institutional investors and hedge funds own 64.39% of the company’s stock.

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.