Short Interest in SPDR Global Dow ETF (NYSEARCA:DGT) Rises By 80.6%

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 14,354 shares, an increase of 80.6% from the June 15th total of 7,948 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 10,314 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On SPDR Global Dow ETF

Large investors have recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of SPDR Global Dow ETF by 7.6% during the fourth quarter. LPL Financial LLC now owns 231,978 shares of the company’s stock valued at $38,671,000 after buying an additional 16,365 shares during the last quarter. Members Advisory Group LLC increased its stake in SPDR Global Dow ETF by 4.3% in the first quarter. Members Advisory Group LLC now owns 124,976 shares of the company’s stock worth $21,191,000 after purchasing an additional 5,105 shares during the period. Fagan Associates Inc. increased its stake in SPDR Global Dow ETF by 3.3% in the fourth quarter. Fagan Associates Inc. now owns 75,266 shares of the company’s stock worth $12,547,000 after purchasing an additional 2,426 shares during the period. Cetera Investment Advisers lifted its position in shares of SPDR Global Dow ETF by 19.7% during the first quarter. Cetera Investment Advisers now owns 70,882 shares of the company’s stock worth $12,018,000 after purchasing an additional 11,680 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of SPDR Global Dow ETF by 234.5% during the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after purchasing an additional 38,512 shares during the last quarter.

SPDR Global Dow ETF Stock Performance

NYSEARCA:DGT opened at $184.17 on Friday. The firm has a market capitalization of $604.08 million, a PE ratio of 15.93 and a beta of 0.81. The stock’s fifty day moving average is $185.39 and its 200 day moving average is $178.06. SPDR Global Dow ETF has a fifty-two week low of $148.40 and a fifty-two week high of $189.73.

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.