SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Significant Growth in Short Interest

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 167,685 shares, an increase of 76.5% from the June 30th total of 95,019 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily volume of 92,167 shares, the days-to-cover ratio is currently 1.8 days.

SPDR S&P International Small Cap ETF Price Performance

NYSEARCA:GWX traded up $1.16 during mid-day trading on Thursday, reaching $43.33. The stock had a trading volume of 67,283 shares, compared to its average volume of 67,469. The company has a market capitalization of $862.27 million, a price-to-earnings ratio of 14.22 and a beta of 0.85. SPDR S&P International Small Cap ETF has a 1-year low of $37.13 and a 1-year high of $47.28. The stock’s 50 day simple moving average is $44.46 and its two-hundred day simple moving average is $44.32.

Institutional Investors Weigh In On SPDR S&P International Small Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in GWX. Wealthcare Advisory Partners LLC boosted its holdings in SPDR S&P International Small Cap ETF by 2.5% in the second quarter. Wealthcare Advisory Partners LLC now owns 28,547 shares of the company’s stock worth $1,249,000 after purchasing an additional 704 shares during the period. World Equity Group Inc. bought a new position in shares of SPDR S&P International Small Cap ETF in the 2nd quarter worth about $231,000. Roan Capital Partners boosted its holdings in shares of SPDR S&P International Small Cap ETF by 92.2% in the 2nd quarter. Roan Capital Partners now owns 30,892 shares of the company’s stock valued at $1,352,000 after buying an additional 14,815 shares during the period. Balefire LLC boosted its holdings in shares of SPDR S&P International Small Cap ETF by 2.6% in the 2nd quarter. Balefire LLC now owns 22,586 shares of the company’s stock valued at $988,000 after buying an additional 564 shares during the period. Finally, WealthPoint Financial LLC boosted its holdings in shares of SPDR S&P International Small Cap ETF by 15.0% in the 1st quarter. WealthPoint Financial LLC now owns 8,163 shares of the company’s stock valued at $345,000 after buying an additional 1,064 shares during the period.

About SPDR S&P International Small Cap ETF

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.