SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Drop in Short Interest

by · The Cerbat Gem

SPDR S&P International Small Cap ETF (NYSEARCA:GWXGet Free Report) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 41,342 shares, a decline of 48.7% from the December 31st total of 80,540 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 43,736 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 43,736 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the company’s stock are short sold.

SPDR S&P International Small Cap ETF Stock Down 1.6%

Shares of NYSEARCA GWX traded down $0.72 during mid-day trading on Friday, reaching $43.83. 64,915 shares of the company were exchanged, compared to its average volume of 43,826. SPDR S&P International Small Cap ETF has a 1 year low of $28.53 and a 1 year high of $44.89. The stock has a market cap of $845.92 million, a price-to-earnings ratio of 14.22 and a beta of 0.88. The firm has a 50-day moving average of $41.53 and a 200 day moving average of $40.10.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in SPDR S&P International Small Cap ETF by 3.2% in the third quarter. Envestnet Asset Management Inc. now owns 862,506 shares of the company’s stock valued at $34,655,000 after buying an additional 26,765 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of SPDR S&P International Small Cap ETF by 10.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 527,781 shares of the company’s stock worth $21,206,000 after purchasing an additional 51,104 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in SPDR S&P International Small Cap ETF by 2.9% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 527,155 shares of the company’s stock worth $21,181,000 after buying an additional 14,907 shares during the last quarter. Osaic Holdings Inc. increased its stake in SPDR S&P International Small Cap ETF by 29.1% in the second quarter. Osaic Holdings Inc. now owns 520,824 shares of the company’s stock valued at $18,891,000 after purchasing an additional 117,282 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its stake in SPDR S&P International Small Cap ETF by 1,491.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 467,240 shares of the company’s stock worth $17,372,000 after acquiring an additional 437,881 shares in the last quarter.

SPDR S&P International Small Cap ETF Company Profile

(Get Free Report)

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.

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