SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Short Interest Up 252.7% in July

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 73,588 shares, a growth of 252.7% from the July 15th total of 20,863 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 41,302 shares, the short-interest ratio is currently 1.8 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Trust Co. of Vermont bought a new position in shares of SPDR S&P Global Infrastructure ETF in the second quarter worth approximately $27,000. Eagle Bay Advisors LLC purchased a new position in SPDR S&P Global Infrastructure ETF in the 4th quarter worth approximately $31,000. Parallel Advisors LLC grew its stake in SPDR S&P Global Infrastructure ETF by 168.7% in the 4th quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock worth $56,000 after buying an additional 506 shares in the last quarter. Copia Wealth Management grew its stake in SPDR S&P Global Infrastructure ETF by 18.5% in the 4th quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock worth $71,000 after buying an additional 158 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of SPDR S&P Global Infrastructure ETF by 775.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock worth $699,000 after buying an additional 8,898 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Stock Up 0.1%

SPDR S&P Global Infrastructure ETF stock opened at $75.08 on Friday. The stock has a market cap of $930.99 million, a price-to-earnings ratio of 20.11 and a beta of 0.62. The business has a 50-day simple moving average of $75.74 and a 200 day simple moving average of $75.99. SPDR S&P Global Infrastructure ETF has a 52 week low of $67.57 and a 52 week high of $78.95.

SPDR S&P Global Infrastructure ETF Company Profile

SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.