Short Interest in SPDR Global Dow ETF (NYSEARCA:DGT) Increases By 80.6%

SPDR Global Dow ETF (NYSEARCA:DGT) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 14,354 shares, a growth of 80.6% from the June 15th total of 7,948 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 10,314 shares, the days-to-cover ratio is presently 1.4 days.

SPDR Global Dow ETF Trading Down 0.3%

DGT opened at $184.17 on Friday. SPDR Global Dow ETF has a twelve month low of $148.40 and a twelve month high of $189.73. The firm has a market cap of $604.08 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The company has a fifty day simple moving average of $185.39 and a 200 day simple moving average of $178.06.

Institutional Trading of SPDR Global Dow ETF

Several large investors have recently modified their holdings of DGT. LPL Financial LLC lifted its stake in shares of SPDR Global Dow ETF by 7.6% in the fourth quarter. LPL Financial LLC now owns 231,978 shares of the company’s stock worth $38,671,000 after acquiring an additional 16,365 shares in the last quarter. Members Advisory Group LLC increased its holdings in SPDR Global Dow ETF by 4.3% during the 1st quarter. Members Advisory Group LLC now owns 124,976 shares of the company’s stock worth $21,191,000 after purchasing an additional 5,105 shares during the last quarter. Fagan Associates Inc. raised its position in shares of SPDR Global Dow ETF by 3.3% in the 4th quarter. Fagan Associates Inc. now owns 75,266 shares of the company’s stock valued at $12,547,000 after purchasing an additional 2,426 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of SPDR Global Dow ETF by 19.7% during the 1st quarter. Cetera Investment Advisers now owns 70,882 shares of the company’s stock valued at $12,018,000 after buying an additional 11,680 shares during the last quarter. Finally, Jane Street Group LLC grew its position in shares of SPDR Global Dow ETF by 234.5% during the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after buying an additional 38,512 shares in the last quarter.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.