SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Short Interest Up 140.0% in May

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 1,200 shares, a growth of 140.0% from the May 15th total of 500 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 6,600 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On SPDR MSCI World StrategicFactors ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AE Wealth Management LLC acquired a new position in SPDR MSCI World StrategicFactors ETF in the 1st quarter valued at about $45,000. Flagship Harbor Advisors LLC acquired a new position in SPDR MSCI World StrategicFactors ETF in the 1st quarter valued at about $205,000. Willner & Heller LLC acquired a new position in SPDR MSCI World StrategicFactors ETF in the 1st quarter valued at about $389,000. HighTower Advisors LLC increased its position in SPDR MSCI World StrategicFactors ETF by 10.3% in the 1st quarter. HighTower Advisors LLC now owns 3,265 shares of the company’s stock valued at $417,000 after acquiring an additional 305 shares during the period. Finally, Thoroughbred Financial Services LLC increased its position in SPDR MSCI World StrategicFactors ETF by 4.1% in the 4th quarter. Thoroughbred Financial Services LLC now owns 3,546 shares of the company’s stock valued at $439,000 after acquiring an additional 141 shares during the period.

SPDR MSCI World StrategicFactors ETF Price Performance

Shares of QWLD traded down $1.47 during midday trading on Friday, reaching $131.60. 2,300 shares of the stock were exchanged, compared to its average volume of 5,213. The business’s 50-day moving average price is $128.52 and its 200 day moving average price is $127.80. SPDR MSCI World StrategicFactors ETF has a twelve month low of $113.04 and a twelve month high of $133.15. The company has a market capitalization of $161.87 million, a price-to-earnings ratio of 19.75 and a beta of 0.84.

About SPDR MSCI World StrategicFactors ETF

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.