SPDR S&P International Dividend ETF (NYSEARCA:DWX) Short Interest Up 205.5% in May

SPDR S&P International Dividend ETF (NYSEARCA:DWX) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 8,594 shares, a growth of 205.5% from the April 30th total of 2,813 shares. Based on an average daily trading volume, of 13,258 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DWX. Royal Bank of Canada boosted its position in shares of SPDR S&P International Dividend ETF by 20.0% during the 1st quarter. Royal Bank of Canada now owns 105,992 shares of the company’s stock worth $4,065,000 after acquiring an additional 17,654 shares in the last quarter. Jane Street Group LLC purchased a new stake in SPDR S&P International Dividend ETF in the second quarter valued at $2,435,000. MML Investors Services LLC lifted its position in SPDR S&P International Dividend ETF by 33.6% in the second quarter. MML Investors Services LLC now owns 72,606 shares of the company’s stock valued at $3,060,000 after acquiring an additional 18,277 shares during the last quarter. Captrust Financial Advisors purchased a new stake in SPDR S&P International Dividend ETF in the second quarter valued at $201,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in SPDR S&P International Dividend ETF in the second quarter valued at $215,000.

SPDR S&P International Dividend ETF Price Performance

Shares of DWX stock traded up $0.15 during trading hours on Friday, reaching $46.87. 5,702 shares of the stock were exchanged, compared to its average volume of 26,309. The business’s fifty day moving average is $46.30 and its two-hundred day moving average is $45.47. SPDR S&P International Dividend ETF has a 12-month low of $41.07 and a 12-month high of $48.84. The firm has a market capitalization of $513.23 million, a P/E ratio of 17.89 and a beta of 0.53.

About SPDR S&P International Dividend ETF

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.