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

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 22,699 shares, a decrease of 53.0% from the June 30th total of 48,249 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 71,643 shares, the short-interest ratio is currently 0.3 days.

SPDR Dow Jones International Real Estate ETF Stock Performance

NYSEARCA:RWX traded up $0.01 during mid-day trading on Wednesday, reaching $27.90. The stock had a trading volume of 5,971 shares, compared to its average volume of 39,364. SPDR Dow Jones International Real Estate ETF has a twelve month low of $26.07 and a twelve month high of $30.47. The business has a 50 day simple moving average of $27.24 and a 200 day simple moving average of $28.04. The firm has a market capitalization of $267.56 million, a price-to-earnings ratio of 18.85 and a beta of 0.76.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC increased its stake in shares of SPDR Dow Jones International Real Estate ETF by 41.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,140 shares of the company’s stock valued at $32,000 after acquiring an additional 335 shares during the last quarter. US Bancorp DE boosted its position in shares of SPDR Dow Jones International Real Estate ETF by 6.1% in the third quarter. US Bancorp DE now owns 7,250 shares of the company’s stock worth $202,000 after acquiring an additional 416 shares during the last quarter. Comerica Bank boosted its position in shares of SPDR Dow Jones International Real Estate ETF by 3.6% in the third quarter. Comerica Bank now owns 12,588 shares of the company’s stock worth $350,000 after acquiring an additional 435 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in 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 period. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in SPDR Dow Jones International Real Estate ETF in the fourth quarter valued at approximately $28,000. Hedge funds and other institutional investors own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Company Profile

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.