SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Short Interest Up 140.0% in May

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 1,200 shares, a growth of 140.0% from the May 15th total of 500 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

Large investors have recently made changes to their positions in the stock. Mcdonald Partners LLC acquired a new position in SPDR MSCI World StrategicFactors ETF during the fourth quarter worth approximately $790,000. Fingerlakes Wealth Management Inc. increased its holdings in shares of SPDR MSCI World StrategicFactors ETF by 4.5% in the fourth quarter. Fingerlakes Wealth Management Inc. now owns 22,561 shares of the company’s stock valued at $2,794,000 after purchasing an additional 964 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR MSCI World StrategicFactors ETF in the fourth quarter valued at about $8,077,000. Independent Advisor Alliance acquired a new stake in shares of SPDR MSCI World StrategicFactors ETF during the 4th quarter worth about $1,516,000. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of SPDR MSCI World StrategicFactors ETF by 16.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 16,179 shares of the company’s stock worth $2,004,000 after buying an additional 2,314 shares during the period.

SPDR MSCI World StrategicFactors ETF Price Performance

QWLD stock traded down $1.47 during midday trading on Friday, hitting $131.60. The company’s stock had a trading volume of 2,300 shares, compared to its average volume of 5,213. The company’s fifty day moving average price is $128.52 and its 200 day moving average price is $127.80. SPDR MSCI World StrategicFactors ETF has a twelve month low of $113.04 and a twelve month high of $133.15. The stock has a market capitalization of $161.87 million, a P/E ratio of 19.75 and a beta of 0.84.

About SPDR MSCI World StrategicFactors ETF

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.