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

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 115,150 shares, an increase of 2,329.3% from the April 30th total of 4,740 shares. Based on an average daily volume of 80,904 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR S&P International Small Cap ETF

Several institutional investors have recently bought and sold shares of GWX. Orion Porfolio Solutions LLC raised its position in SPDR S&P International Small Cap ETF by 1,491.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 467,240 shares of the company’s stock valued at $17,372,000 after purchasing an additional 437,881 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of SPDR S&P International Small Cap ETF in the 3rd quarter valued at $4,217,000. Wilmington Savings Fund Society FSB raised its position in shares of SPDR S&P International Small Cap ETF by 10.7% during the third quarter. Wilmington Savings Fund Society FSB now owns 527,781 shares of the company’s stock worth $21,206,000 after acquiring an additional 51,104 shares during the last quarter. N.E.W. Advisory Services LLC raised its position in shares of SPDR S&P International Small Cap ETF by 24.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 237,691 shares of the company’s stock worth $9,712,000 after acquiring an additional 46,095 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in shares of SPDR S&P International Small Cap ETF by 566.0% during the fourth quarter. Wellington Management Group LLP now owns 52,984 shares of the company’s stock worth $2,165,000 after acquiring an additional 45,028 shares during the last quarter.

SPDR S&P International Small Cap ETF Stock Performance

Shares of GWX opened at $46.53 on Thursday. The stock has a fifty day moving average price of $44.58 and a two-hundred day moving average price of $43.11. SPDR S&P International Small Cap ETF has a 52-week low of $35.31 and a 52-week high of $47.28. The company has a market cap of $930.60 million, a price-to-earnings ratio of 14.22 and a beta of 0.85.

About SPDR S&P International Small Cap ETF

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.