Short Interest in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Expands By 48.7%

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 5,123 shares, an increase of 48.7% from the July 30th total of 3,445 shares. Based on an average daily trading volume, of 1,659 shares, the days-to-cover ratio is currently 3.1 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

Several large investors have recently modified their holdings of QWLD. Steward Partners Investment Advisory LLC acquired a new stake in shares of SPDR MSCI World StrategicFactors ETF during the fourth quarter worth $7,103,000. Citadel Advisors LLC increased its stake in SPDR MSCI World StrategicFactors ETF by 303.8% in the 3rd quarter. Citadel Advisors LLC now owns 39,719 shares of the company’s stock valued at $5,578,000 after buying an additional 29,883 shares during the period. Osaic Holdings Inc. raised its position in SPDR MSCI World StrategicFactors ETF by 61.1% during the 4th quarter. Osaic Holdings Inc. now owns 40,987 shares of the company’s stock worth $5,873,000 after buying an additional 15,540 shares during the last quarter. Jane Street Group LLC raised its position in SPDR MSCI World StrategicFactors ETF by 656.2% during the 1st quarter. Jane Street Group LLC now owns 17,575 shares of the company’s stock worth $2,244,000 after buying an additional 15,251 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of SPDR MSCI World StrategicFactors ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 330,750 shares of the company’s stock worth $47,380,000 after acquiring an additional 14,155 shares during the period.

SPDR MSCI World StrategicFactors ETF Stock Up 0.3%

Shares of QWLD stock opened at $157.80 on Thursday. The stock has a market capitalization of $176.74 million, a PE ratio of 19.41 and a beta of 0.76. SPDR MSCI World StrategicFactors ETF has a 52-week low of $137.12 and a 52-week high of $159.78. The stock’s 50-day moving average price is $155.57 and its 200 day moving average price is $151.17.

About SPDR MSCI World StrategicFactors ETF

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.