SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Short Interest Update

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 11,458 shares, a decline of 76.4% from the April 30th total of 48,522 shares. Based on an average trading volume of 90,878 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of SPDR S&P Global Infrastructure ETF

A number of hedge funds have recently bought and sold shares of GII. Eagle Bay Advisors LLC bought a new stake in SPDR S&P Global Infrastructure ETF during the fourth quarter valued at approximately $31,000. Cornerstone Planning Group LLC purchased a new stake in SPDR S&P Global Infrastructure ETF during the third quarter valued at approximately $37,000. Parallel Advisors LLC increased its holdings in SPDR S&P Global Infrastructure ETF by 168.7% during the fourth quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock valued at $56,000 after buying an additional 506 shares during the last quarter. Copia Wealth Management increased its holdings in SPDR S&P Global Infrastructure ETF by 18.5% during the fourth quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock valued at $71,000 after buying an additional 158 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in SPDR S&P Global Infrastructure ETF by 775.1% during the third quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock valued at $699,000 after buying an additional 8,898 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Price Performance

SPDR S&P Global Infrastructure ETF stock traded down $0.04 during mid-day trading on Friday, reaching $75.69. 103,897 shares of the stock traded hands, compared to its average volume of 69,667. The stock has a market capitalization of $965.05 million, a PE ratio of 20.11 and a beta of 0.64. SPDR S&P Global Infrastructure ETF has a 12-month low of $65.65 and a 12-month high of $78.95. The business’s 50-day moving average is $76.36 and its 200-day moving average is $74.02.

About SPDR S&P Global Infrastructure ETF

SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.