SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Sees Significant Growth in Short Interest

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 83,991 shares, an increase of 586.9% from the September 30th total of 12,228 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 90,477 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On SPDR Dow Jones International Real Estate ETF

A number of large investors have recently added to or reduced their stakes in the business. Bank of Nova Scotia lifted its holdings in SPDR Dow Jones International Real Estate ETF by 16.7% during the 1st quarter. Bank of Nova Scotia now owns 8,350 shares of the company’s stock valued at $222,000 after purchasing an additional 1,195 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of SPDR Dow Jones International Real Estate ETF by 7.7% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 8,520 shares of the company’s stock valued at $227,000 after purchasing an additional 606 shares during the last quarter. Aspiriant LLC acquired a new position in shares of SPDR Dow Jones International Real Estate ETF in the third quarter valued at $296,000. Fifth Third Bancorp increased its holdings in shares of SPDR Dow Jones International Real Estate ETF by 557.9% in the first quarter. Fifth Third Bancorp now owns 13,940 shares of the company’s stock valued at $371,000 after purchasing an additional 11,821 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of SPDR Dow Jones International Real Estate ETF by 20.0% in the first quarter. Parallel Advisors LLC now owns 14,115 shares of the company’s stock valued at $376,000 after purchasing an additional 2,355 shares during the last quarter. Institutional investors own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Trading Down 0.2%

Shares of RWX traded down $0.05 during mid-day trading on Tuesday, reaching $25.90. The company’s stock had a trading volume of 3,576 shares, compared to its average volume of 38,462. SPDR Dow Jones International Real Estate ETF has a 1-year low of $24.89 and a 1-year high of $30.47. The stock has a market cap of $231.55 million, a P/E ratio of 18.85 and a beta of 0.75. The business has a 50-day simple moving average of $26.38 and a two-hundred day simple moving average of $27.63.

About SPDR Dow Jones International Real Estate ETF

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SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.

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