SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Sees Large Drop in Short Interest

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 4,304 shares, a decrease of 53.2% from the November 30th total of 9,189 shares. Based on an average daily trading volume, of 21,866 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,866 shares, the days-to-cover ratio is currently 0.2 days.

SPDR Dow Jones International Real Estate ETF Stock Up 0.0%

Shares of RWX traded up $0.01 during mid-day trading on Friday, hitting $28.13. 28,395 shares of the company’s stock traded hands, compared to its average volume of 88,368. The firm has a market capitalization of $294.80 million, a P/E ratio of 18.85 and a beta of 0.82. The business’s 50-day moving average price is $27.87 and its 200-day moving average price is $27.60. SPDR Dow Jones International Real Estate ETF has a 1 year low of $22.27 and a 1 year high of $28.44.

Hedge Funds Weigh In On SPDR Dow Jones International Real Estate ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP purchased a new position in SPDR Dow Jones International Real Estate ETF during the third quarter valued at $1,247,000. Flow Traders U.S. LLC bought a new stake in shares of SPDR Dow Jones International Real Estate ETF during the third quarter valued at approximately $1,449,000. Comerica Bank grew its position in shares of SPDR Dow Jones International Real Estate ETF by 3.6% during the 3rd quarter. Comerica Bank now owns 12,588 shares of the company’s stock worth $350,000 after buying an additional 435 shares in the last quarter. UBS Group AG boosted its stake in shares of SPDR Dow Jones International Real Estate ETF by 1.9% during the third quarter. UBS Group AG now owns 84,147 shares of the company’s stock valued at $2,340,000 after purchasing an additional 1,576 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC increased its holdings in shares of SPDR Dow Jones International Real Estate ETF by 1.6% in the 3rd quarter. RPg Family Wealth Advisory LLC now owns 87,944 shares of the company’s stock valued at $2,446,000 after acquiring an additional 1,360 shares during the period. 64.39% of the stock is 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.