SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Up 7,344.6% in April

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 31,044 shares, an increase of 7,344.6% from the March 31st total of 417 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 36,033 shares, the short-interest ratio is presently 0.9 days.

SPDR S&P Global Dividend ETF Stock Up 0.4%

Shares of NYSEARCA:WDIV opened at $79.98 on Friday. The company has a market cap of $257.54 million, a P/E ratio of 13.04 and a beta of 0.56. SPDR S&P Global Dividend ETF has a 52 week low of $66.00 and a 52 week high of $82.67. The company has a 50-day moving average price of $79.05 and a 200 day moving average price of $76.77.

Institutional Investors Weigh In On SPDR S&P Global Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in WDIV. WealthShield Partners LLC lifted its position in shares of SPDR S&P Global Dividend ETF by 1.0% during the 3rd quarter. WealthShield Partners LLC now owns 18,377 shares of the company’s stock valued at $1,336,000 after acquiring an additional 181 shares during the period. Key Financial Inc increased its stake in shares of SPDR S&P Global Dividend ETF by 13.7% during the 3rd quarter. Key Financial Inc now owns 2,335 shares of the company’s stock worth $171,000 after purchasing an additional 282 shares in the last quarter. MML Investors Services LLC increased its stake in shares of SPDR S&P Global Dividend ETF by 10.0% during the 4th quarter. MML Investors Services LLC now owns 3,335 shares of the company’s stock worth $252,000 after purchasing an additional 304 shares in the last quarter. Cornerstone Planning Group LLC purchased a new position in shares of SPDR S&P Global Dividend ETF during the 4th quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of SPDR S&P Global Dividend ETF during the 4th quarter worth approximately $27,000.

About SPDR S&P Global Dividend ETF

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.