Short Interest in SPDR Global Dow ETF (NYSEARCA:DGT) Grows By 19.9%

SPDR Global Dow ETF (NYSEARCA:DGT) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 16,121 shares, an increase of 19.9% from the December 15th total of 13,449 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 13,953 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 13,953 shares, the short-interest ratio is presently 1.2 days. Approximately 0.5% of the company’s stock are sold short.

SPDR Global Dow ETF Stock Performance

NYSEARCA:DGT opened at $168.46 on Wednesday. The firm has a market cap of $510.43 million, a P/E ratio of 15.93 and a beta of 0.88. SPDR Global Dow ETF has a fifty-two week low of $121.09 and a fifty-two week high of $172.02. The firm has a 50-day simple moving average of $167.00 and a two-hundred day simple moving average of $161.35.

Hedge Funds Weigh In On SPDR Global Dow ETF

Hedge funds have recently added to or reduced their stakes in the company. Systelligence LLC boosted its stake in SPDR Global Dow ETF by 10.0% during the 2nd quarter. Systelligence LLC now owns 176,629 shares of the company’s stock valued at $26,607,000 after purchasing an additional 16,111 shares during the last quarter. Members Advisory Group LLC lifted its holdings in shares of SPDR Global Dow ETF by 0.3% during the third quarter. Members Advisory Group LLC now owns 75,758 shares of the company’s stock valued at $12,257,000 after purchasing an additional 210 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its position in shares of SPDR Global Dow ETF by 6.0% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 74,515 shares of the company’s stock valued at $12,053,000 after buying an additional 4,187 shares during the last quarter. Fagan Associates Inc. increased its holdings in SPDR Global Dow ETF by 11.8% in the 3rd quarter. Fagan Associates Inc. now owns 72,840 shares of the company’s stock worth $11,782,000 after buying an additional 7,673 shares in the last quarter. Finally, Jane Street Group LLC raised its position in SPDR Global Dow ETF by 234.5% in the 1st quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after buying an additional 38,512 shares during the last quarter.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.