SPDR Global Dow ETF (NYSEARCA:DGT) Shares Shorted: Short Interest Down 50.1% in October

SPDR Global Dow ETF (NYSEARCA:DGT) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 6,459 shares, a decrease of 50.1% from the September 30th total of 12,937 shares. Based on an average daily trading volume, of 15,589 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

SPDR Global Dow ETF Trading Down 0.9%

NYSEARCA:DGT traded down $1.72 during mid-day trading on Friday, hitting $188.98. The stock had a trading volume of 12,319 shares, compared to its average volume of 15,777. The stock has a 50-day simple moving average of $189.13 and a two-hundred day simple moving average of $182.61. The company has a market capitalization of $657.65 million, a PE ratio of 15.93 and a beta of 0.82. SPDR Global Dow ETF has a twelve month low of $159.87 and a twelve month high of $193.03.

Institutional Investors Weigh In On SPDR Global Dow ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. ARQ Wealth Advisors LLC raised its holdings in SPDR Global Dow ETF by 17.0% during the third quarter. ARQ Wealth Advisors LLC now owns 29,453 shares of the company’s stock worth $5,468,000 after purchasing an additional 4,280 shares in the last quarter. North Star Investment Management Corp. purchased a new stake in shares of SPDR Global Dow ETF during the 3rd quarter worth approximately $186,000. Onyx Bridge Wealth Group LLC boosted its holdings in shares of SPDR Global Dow ETF by 29.6% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 42,756 shares of the company’s stock valued at $7,938,000 after buying an additional 9,753 shares in the last quarter. Perryman Financial Advisory Inc. AD acquired a new position in shares of SPDR Global Dow ETF in the 3rd quarter valued at $873,000. Finally, AdvisorNet Financial Inc purchased a new position in shares of SPDR Global Dow ETF in the 3rd quarter valued at $1,959,000.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.