Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Drops By 57.1%
by Renee Jackson · The Cerbat GemSPDR S&P Global Dividend ETF (NYSEARCA:WDIV – Get Free Report) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 13,330 shares, a decrease of 57.1% from the April 15th total of 31,044 shares. Based on an average daily volume of 10,146 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.4% of the company’s shares are sold short.
Hedge Funds Weigh In On SPDR S&P Global Dividend ETF
Several hedge funds have recently bought and sold shares of WDIV. Jane Street Group LLC increased its stake in SPDR S&P Global Dividend ETF by 162.3% in the first quarter. Jane Street Group LLC now owns 10,312 shares of the company’s stock worth $671,000 after purchasing an additional 6,380 shares during the period. Captrust Financial Advisors boosted its stake in shares of SPDR S&P Global Dividend ETF by 15.4% during the second quarter. Captrust Financial Advisors now owns 21,828 shares of the company’s stock valued at $1,540,000 after purchasing an additional 2,913 shares during the period. Corient Private Wealth LLC boosted its stake in shares of SPDR S&P Global Dividend ETF by 99.1% during the second quarter. Corient Private Wealth LLC now owns 116,376 shares of the company’s stock valued at $8,209,000 after purchasing an additional 57,916 shares during the period. Osaic Holdings Inc. boosted its stake in shares of SPDR S&P Global Dividend ETF by 28.2% during the second quarter. Osaic Holdings Inc. now owns 3,908 shares of the company’s stock valued at $276,000 after purchasing an additional 859 shares during the period. Finally, WealthShield Partners LLC boosted its stake in shares of SPDR S&P Global Dividend ETF by 1.0% during the third quarter. WealthShield Partners LLC now owns 18,377 shares of the company’s stock valued at $1,336,000 after purchasing an additional 181 shares during the period.
SPDR S&P Global Dividend ETF Price Performance
Shares of NYSEARCA:WDIV traded down $0.89 during trading hours on Friday, hitting $80.18. 2,373 shares of the company’s stock traded hands, compared to its average volume of 16,566. The firm has a market capitalization of $264.59 million, a P/E ratio of 13.04 and a beta of 0.55. The business has a fifty day moving average price of $78.70 and a 200-day moving average price of $77.50. SPDR S&P Global Dividend ETF has a 1 year low of $67.81 and a 1 year high of $82.67.
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.