SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Short Interest Down 41.6% in July

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 151,414 shares, a drop of 41.6% from the July 15th total of 259,361 shares. Based on an average daily trading volume, of 50,549 shares, the short-interest ratio is presently 3.0 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RWO. WLTH Capital Management LLC purchased a new position in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter valued at $4,494,000. New England Private Wealth Advisors LLC lifted its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 2,004.3% in the fourth quarter. New England Private Wealth Advisors LLC now owns 541,448 shares of the company’s stock worth $24,594,000 after buying an additional 515,718 shares in the last quarter. Quent Long Short Global Small Cap Fund LP bought a new position in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter valued at approximately $23,320,000. Concurrent Investment Advisors LLC bought a new stake in SPDR Dow Jones Global Real Estate ETF during the 4th quarter worth approximately $786,000. Finally, Matrix Private Capital Group LLC purchased a new stake in SPDR Dow Jones Global Real Estate ETF in the 1st quarter worth approximately $917,000.

SPDR Dow Jones Global Real Estate ETF Stock Performance

Shares of RWO stock opened at $50.47 on Monday. The firm has a fifty day simple moving average of $50.37 and a two-hundred day simple moving average of $48.99. SPDR Dow Jones Global Real Estate ETF has a 12 month low of $44.05 and a 12 month high of $52.26. The firm has a market capitalization of $1.29 billion, a PE ratio of 28.96 and a beta of 0.90.

SPDR Dow Jones Global Real Estate ETF Company Profile