Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Decreases By 58.6%

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 8,698 shares, a decline of 58.6% from the June 30th total of 20,999 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 11,743 shares, the short-interest ratio is currently 0.7 days.

SPDR S&P Global Dividend ETF Stock Performance

NYSEARCA WDIV opened at $83.13 on Monday. The firm’s fifty day moving average price is $81.32 and its two-hundred day moving average price is $79.91. SPDR S&P Global Dividend ETF has a 1 year low of $69.97 and a 1 year high of $83.28. The firm has a market capitalization of $276.82 million, a P/E ratio of 13.04 and a beta of 0.55.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. WealthShield Partners LLC lifted its stake in SPDR S&P Global Dividend ETF by 0.7% in the 1st quarter. WealthShield Partners LLC now owns 19,156 shares of the company’s stock valued at $1,478,000 after purchasing an additional 134 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in SPDR S&P Global Dividend ETF by 5.7% during the first quarter. Kestra Advisory Services LLC now owns 3,465 shares of the company’s stock worth $267,000 after purchasing an additional 187 shares during the period. MML Investors Services LLC increased its position in SPDR S&P Global Dividend ETF by 10.0% during the fourth quarter. MML Investors Services LLC now owns 3,335 shares of the company’s stock worth $252,000 after buying an additional 304 shares during the last quarter. Cornerstone Planning Group LLC acquired a new position in SPDR S&P Global Dividend ETF during the fourth quarter worth approximately $25,000. Finally, Lloyd Advisory Services LLC. bought a new stake in SPDR S&P Global Dividend ETF in the fourth quarter valued at approximately $27,000.

SPDR S&P Global Dividend ETF Company Profile

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.