SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) Sees Significant Decline in Short Interest

SPDR Dow Jones Global Real Estate ETF (NYSEARCA:RWO) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 100,306 shares, a decline of 33.8% from the July 30th total of 151,414 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 332,239 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. New England Private Wealth Advisors LLC raised its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 2,004.3% during the 4th quarter. New England Private Wealth Advisors LLC now owns 541,448 shares of the company’s stock valued at $24,594,000 after buying an additional 515,718 shares in the last quarter. Jane Street Group LLC raised its stake in shares of SPDR Dow Jones Global Real Estate ETF by 1,264.1% during the second quarter. Jane Street Group LLC now owns 450,000 shares of the company’s stock valued at $19,863,000 after acquiring an additional 417,012 shares during the last quarter. State Street Corp boosted its holdings in shares of SPDR Dow Jones Global Real Estate ETF by 4.4% during the second quarter. State Street Corp now owns 6,154,007 shares of the company’s stock worth $271,638,000 after purchasing an additional 258,486 shares during the period. Henson Edgewater Management LLC bought a new stake in shares of SPDR Dow Jones Global Real Estate ETF in the fourth quarter worth about $6,525,000. Finally, Brighton Jones LLC increased its holdings in SPDR Dow Jones Global Real Estate ETF by 65.3% during the 4th quarter. Brighton Jones LLC now owns 355,538 shares of the company’s stock valued at $15,249,000 after purchasing an additional 140,482 shares during the period.

SPDR Dow Jones Global Real Estate ETF Price Performance

Shares of NYSEARCA RWO traded up $0.11 during trading on Tuesday, reaching $49.58. 300,302 shares of the stock traded hands, compared to its average volume of 72,632. SPDR Dow Jones Global Real Estate ETF has a 52-week low of $44.09 and a 52-week high of $52.26. The company has a 50-day moving average of $50.57 and a 200-day moving average of $49.24. The stock has a market capitalization of $1.27 billion, a P/E ratio of 28.96 and a beta of 0.90.

About SPDR Dow Jones Global Real Estate ETF