SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) Short Interest Update

SPDR Portfolio S&P Sector Neutral Dividend ETF (NYSEARCA:SPDG) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 227 shares, a decrease of 81.3% from the August 15th total of 1,213 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 955 shares, the short-interest ratio is currently 0.2 days.

SPDR Portfolio S&P Sector Neutral Dividend ETF Trading Up 1.3%

SPDG traded up $0.58 during midday trading on Friday, hitting $46.64. 625 shares of the company traded hands, compared to its average volume of 1,331. The business has a 50 day simple moving average of $46.53 and a two-hundred day simple moving average of $45.10. SPDR Portfolio S&P Sector Neutral Dividend ETF has a 52-week low of $38.78 and a 52-week high of $47.67. The company has a market capitalization of $13.06 million, a price-to-earnings ratio of 17.91 and a beta of 0.77.

SPDR Portfolio S&P Sector Neutral Dividend ETF Company Profile

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an index that is weighted by market capitalization, comprising US companies from the S&P 1500 Composite Index that have maintained or raised their dividends for at least seven consecutive years. SPDG was launched on Sep 11, 2023 and is issued by State Street.