SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Sees Large Increase in Short Interest

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 249,128 shares, a growth of 121.8% from the June 30th total of 112,304 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 423,098 shares, the days-to-cover ratio is currently 0.6 days.

SPDR Bridgewater All Weather ETF Price Performance

Shares of NASDAQ ALLW opened at $29.15 on Tuesday. SPDR Bridgewater All Weather ETF has a one year low of $25.99 and a one year high of $30.33. The business’s fifty day moving average price is $29.47 and its 200-day moving average price is $29.33. The stock has a market capitalization of $1.60 billion, a PE ratio of 19.42 and a beta of 0.37.

Institutional Investors Weigh In On SPDR Bridgewater All Weather ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Advisors Ltd. LLC bought a new position in shares of SPDR Bridgewater All Weather ETF in the first quarter valued at approximately $25,000. Allworth Financial LP bought a new stake in SPDR Bridgewater All Weather ETF during the 3rd quarter worth approximately $32,000. Breakwater Investment Management bought a new stake in SPDR Bridgewater All Weather ETF during the 4th quarter worth approximately $35,000. Sound Income Strategies LLC purchased a new stake in SPDR Bridgewater All Weather ETF in the 4th quarter worth approximately $40,000. Finally, Comerica Bank lifted its stake in SPDR Bridgewater All Weather ETF by 68.3% in the 3rd quarter. Comerica Bank now owns 3,360 shares of the company’s stock worth $94,000 after purchasing an additional 1,363 shares in the last quarter.

SPDR Bridgewater All Weather ETF Company Profile

The SPDR Bridgewater All Weather ETF (ALLW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund utilizes Bridgewaters All Weather strategy, diversifying across asset classes to manage risk and optimize returns in varying market conditions. The fund aims for long-term capital growth ALLW was launched on Mar 5, 2025 and is issued by State Street.