Short Interest in SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Declines By 57.1%

SPDR S&P Global Dividend ETF (NYSEARCA:WDIVGet Free Report) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 13,330 shares, a decline of 57.1% from the April 15th total of 31,044 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,146 shares, the days-to-cover ratio is presently 1.3 days.

Hedge Funds Weigh In On SPDR S&P Global Dividend ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC acquired a new position in shares of SPDR S&P Global Dividend ETF in the 4th quarter valued at approximately $25,000. Lloyd Advisory Services LLC. acquired a new position in shares of SPDR S&P Global Dividend ETF in the 4th quarter valued at approximately $27,000. Fifth Third Bancorp acquired a new position in shares of SPDR S&P Global Dividend ETF in the 1st quarter valued at approximately $62,000. Raleigh Capital Management Inc. acquired a new position in SPDR S&P Global Dividend ETF during the 4th quarter worth approximately $80,000. Finally, Flagship Harbor Advisors LLC acquired a new position in SPDR S&P Global Dividend ETF during the 4th quarter worth approximately $83,000.

SPDR S&P Global Dividend ETF Stock Down 1.1%

Shares of NYSEARCA:WDIV traded down $0.89 during midday trading on Friday, hitting $80.18. The stock had a trading volume of 2,373 shares, compared to its average volume of 16,566. The company’s 50-day moving average price is $78.70 and its 200-day moving average price is $77.50. The company has a market capitalization of $264.59 million, a P/E ratio of 13.04 and a beta of 0.55. SPDR S&P Global Dividend ETF has a fifty-two week low of $67.81 and a fifty-two week high of $82.67.

SPDR S&P Global Dividend ETF Company Profile

(Get Free Report)

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.

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