SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Shares Shorted: Short Interest Down 90.9% in October

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 37 shares, a drop of 90.9% from the October 15th total of 406 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,389 shares, the days-to-cover ratio is currently 0.0 days.

SPDR Portfolio S&P Sector Neutral Dividend ETF Price Performance

NYSEARCA:SPDG opened at $47.33 on Friday. The firm has a market cap of $13.73 million, a price-to-earnings ratio of 17.91 and a beta of 0.75. The company has a 50 day moving average price of $46.08 and a 200-day moving average price of $45.21. SPDR Portfolio S&P Sector Neutral Dividend ETF has a 1-year low of $38.92 and a 1-year high of $47.85.

About SPDR Portfolio S&P Sector Neutral Dividend ETF

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The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.

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