SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Short Interest Down 54.4% in March

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 6,295 shares, a decline of 54.4% from the March 15th total of 13,793 shares. Based on an average trading volume of 47,166 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in RWX. Jones Financial Companies Lllp increased its stake in SPDR Dow Jones International Real Estate ETF by 10,907.0% in the 1st quarter. Jones Financial Companies Lllp now owns 39,405 shares of the company’s stock valued at $965,000 after buying an additional 39,047 shares during the period. Cetera Investment Advisers acquired a new position in SPDR Dow Jones International Real Estate ETF in the 2nd quarter valued at approximately $739,000. Raymond James Financial Inc. acquired a new position in SPDR Dow Jones International Real Estate ETF in the 2nd quarter valued at approximately $81,000. Jane Street Group LLC increased its stake in SPDR Dow Jones International Real Estate ETF by 306.5% in the 2nd quarter. Jane Street Group LLC now owns 41,747 shares of the company’s stock valued at $1,144,000 after buying an additional 31,478 shares during the period. Finally, Corient Private Wealth LLC increased its stake in SPDR Dow Jones International Real Estate ETF by 53.8% in the 2nd quarter. Corient Private Wealth LLC now owns 13,964 shares of the company’s stock valued at $383,000 after buying an additional 4,882 shares during the period. Institutional investors and hedge funds own 64.39% of the company’s stock.

SPDR Dow Jones International Real Estate ETF Stock Up 1.7%

Shares of RWX stock traded up $0.48 during trading hours on Tuesday, reaching $28.58. 12,843 shares of the stock traded hands, compared to its average volume of 41,786. SPDR Dow Jones International Real Estate ETF has a 1-year low of $25.02 and a 1-year high of $30.47. The business has a fifty day moving average price of $28.52 and a 200 day moving average price of $28.21. The firm has a market capitalization of $286.66 million, a PE ratio of 18.85 and a beta of 0.79.

About SPDR Dow Jones International Real Estate ETF

SPDR Dow Jones International Real Estate ETF (the Fund), formerly SPDR DJ Wilshire International Real Estate ETF, seeks to closely match the returns and characteristics of the total return performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index (the Index), an equity index based upon the global (ex-US) real estate market. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in developed and emerging countries excluding the United States.