Short Interest in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Rises By 64.1%

SPDR Dow Jones REIT ETF (NYSEARCA:RWR) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 192,933 shares, a growth of 64.1% from the July 15th total of 117,562 shares. Based on an average daily volume of 369,615 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.1% of the company’s stock are short sold.

Institutional Trading of SPDR Dow Jones REIT ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RWR. Larson Financial Group LLC boosted its position in shares of SPDR Dow Jones REIT ETF by 153.4% during the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock valued at $30,000 after buying an additional 178 shares during the last quarter. CWM LLC raised its position in SPDR Dow Jones REIT ETF by 119.7% in the 4th quarter. CWM LLC now owns 323 shares of the company’s stock valued at $32,000 after buying an additional 176 shares during the last quarter. CX Institutional raised its holdings in shares of SPDR Dow Jones REIT ETF by 852.9% in the second quarter. CX Institutional now owns 324 shares of the company’s stock valued at $37,000 after purchasing an additional 290 shares during the last quarter. Atlas Capital Advisors Inc. bought a new position in shares of SPDR Dow Jones REIT ETF during the fourth quarter valued at about $42,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of SPDR Dow Jones REIT ETF during the fourth quarter valued at about $44,000.

SPDR Dow Jones REIT ETF Trading Down 0.6%

Shares of RWR traded down $0.73 during trading hours on Monday, reaching $113.74. The stock had a trading volume of 167,764 shares, compared to its average volume of 339,956. SPDR Dow Jones REIT ETF has a 12 month low of $95.72 and a 12 month high of $119.65. The firm has a 50-day simple moving average of $114.54 and a 200 day simple moving average of $109.27. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 36.49 and a beta of 0.96.

SPDR Dow Jones REIT ETF Company Profile

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.