Short Interest in SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Increases By 417.8%
by Jessica Moore · The Cerbat GemSPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX – Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 32,597 shares, an increase of 417.8% from the March 31st total of 6,295 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 40,042 shares, the days-to-cover ratio is presently 0.8 days.
SPDR Dow Jones International Real Estate ETF Price Performance
Shares of SPDR Dow Jones International Real Estate ETF stock traded up $0.05 during trading hours on Friday, reaching $28.24. The company’s stock had a trading volume of 7,045 shares, compared to its average volume of 38,988. The firm has a 50 day moving average price of $28.33 and a 200-day moving average price of $28.25. SPDR Dow Jones International Real Estate ETF has a one year low of $25.68 and a one year high of $30.47. The stock has a market cap of $276.47 million, a P/E ratio of 18.85 and a beta of 0.79.
Institutional Trading of SPDR Dow Jones International Real Estate ETF
Large investors have recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC bought a new stake in shares of SPDR Dow Jones International Real Estate ETF in the 4th quarter worth about $28,000. CIBC Private Wealth Group LLC increased its holdings in shares of SPDR Dow Jones International Real Estate ETF by 41.6% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,140 shares of the company’s stock worth $32,000 after buying an additional 335 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR Dow Jones International Real Estate ETF in the 2nd quarter worth about $81,000. Strategic Wealth Advisors LLC bought a new stake in shares of SPDR Dow Jones International Real Estate ETF in the 4th quarter worth about $93,000. Finally, Bank of Nova Scotia bought a new stake in shares of SPDR Dow Jones International Real Estate ETF in the 4th quarter worth about $201,000. 64.39% of the stock is currently owned by institutional investors.
About SPDR Dow Jones International Real Estate ETF
SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.