SPDR Global Dow ETF (NYSEARCA:DGT) Short Interest Down 66.0% in January
by Mitch Edgeman · The Markets DailySPDR Global Dow ETF (NYSEARCA:DGT – Get Free Report) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 5,486 shares, a decline of 66.0% from the December 31st total of 16,121 shares. Based on an average trading volume of 27,272 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 27,272 shares, the short-interest ratio is currently 0.2 days.
Institutional Trading of SPDR Global Dow ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. Systelligence LLC raised its position in shares of SPDR Global Dow ETF by 10.0% in the second quarter. Systelligence LLC now owns 176,629 shares of the company’s stock valued at $26,607,000 after buying an additional 16,111 shares in the last quarter. Members Advisory Group LLC raised its holdings in SPDR Global Dow ETF by 58.2% in the 4th quarter. Members Advisory Group LLC now owns 119,871 shares of the company’s stock valued at $19,984,000 after acquiring an additional 44,113 shares in the last quarter. Baltimore Washington Financial Advisors Inc. lifted its position 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 valued at $12,053,000 after acquiring an additional 4,187 shares during the period. Fagan Associates Inc. grew its holdings in shares of SPDR Global Dow ETF by 11.8% during the 3rd quarter. Fagan Associates Inc. now owns 72,840 shares of the company’s stock worth $11,782,000 after purchasing an additional 7,673 shares in the last quarter. Finally, Jane Street Group LLC increased its position in shares of SPDR Global Dow ETF by 234.5% in the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after purchasing an additional 38,512 shares during the period.
SPDR Global Dow ETF Stock Performance
Shares of NYSEARCA DGT traded down $0.74 during trading hours on Wednesday, reaching $173.19. 14,203 shares of the stock were exchanged, compared to its average volume of 25,989. The firm has a market capitalization of $524.77 million, a price-to-earnings ratio of 15.93 and a beta of 0.88. The stock’s fifty day simple moving average is $167.74 and its 200 day simple moving average is $162.07. SPDR Global Dow ETF has a 52 week low of $121.09 and a 52 week high of $173.93.
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.