SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Update

SPDR Global Dow ETF (NYSEARCA:DGT) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 11,270 shares, a drop of 38.5% from the April 30th total of 18,332 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 24,795 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On SPDR Global Dow ETF

Several hedge funds have recently made changes to their positions in the business. LPL Financial LLC grew its stake in shares of SPDR Global Dow ETF by 7.6% during the 4th 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 grew its stake in shares of 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 acquiring an additional 5,105 shares in the last quarter. Fagan Associates Inc. grew its stake in shares of SPDR Global Dow ETF by 3.3% during the 4th quarter. Fagan Associates Inc. now owns 75,266 shares of the company’s stock worth $12,547,000 after acquiring an additional 2,426 shares in the last quarter. Baltimore Washington Financial Advisors Inc. grew its stake in shares of SPDR Global Dow ETF by 6.0% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 74,515 shares of the company’s stock worth $12,053,000 after acquiring an additional 4,187 shares in the last quarter. Finally, Cetera Investment Advisers grew 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 worth $12,018,000 after acquiring an additional 11,680 shares in the last quarter.

SPDR Global Dow ETF Stock Up 0.5%

Shares of DGT opened at $188.39 on Wednesday. The stock has a market capitalization of $612.27 million, a P/E ratio of 15.93 and a beta of 0.81. SPDR Global Dow ETF has a twelve month low of $144.54 and a twelve month high of $188.54. The company has a 50 day moving average of $178.42 and a 200-day moving average of $173.50.

About SPDR Global Dow ETF

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.