SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Short Interest Down 34.1% in April

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,254 shares, a decline of 34.1% from the April 15th total of 1,903 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 853 shares, the days-to-cover ratio is currently 1.5 days.

SPDR Portfolio S&P Sector Neutral Dividend ETF Stock Performance

Shares of SPDG opened at $44.97 on Monday. SPDR Portfolio S&P Sector Neutral Dividend ETF has a 52-week low of $36.85 and a 52-week high of $45.44. The business’s 50 day moving average price is $42.95 and its two-hundred day moving average price is $42.25. The firm has a market cap of $12.59 million, a PE ratio of 17.91 and a beta of 0.76.

About SPDR Portfolio S&P Sector Neutral Dividend ETF

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.