Short Interest in SPDR Global Dow ETF (NYSEARCA:DGT) Drops By 23.4%

SPDR Global Dow ETF (NYSEARCA:DGT) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 17,631 shares, a decline of 23.4% from the March 15th total of 23,031 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 16,541 shares, the short-interest ratio is presently 1.1 days.

SPDR Global Dow ETF Stock Up 0.3%

DGT opened at $177.92 on Wednesday. SPDR Global Dow ETF has a 12 month low of $130.51 and a 12 month high of $180.90. The company has a fifty day simple moving average of $174.24 and a 200 day simple moving average of $169.25. The stock has a market cap of $574.68 million, a P/E ratio of 15.93 and a beta of 0.82.

Institutional Trading of SPDR Global Dow ETF

A number of large investors have recently made changes to their positions in the company. LPL Financial LLC increased its position in shares of SPDR Global Dow ETF by 7.6% in the 4th quarter. LPL Financial LLC now owns 231,978 shares of the company’s stock valued at $38,671,000 after buying an additional 16,365 shares in the last quarter. Members Advisory Group LLC increased its position in shares of SPDR Global Dow ETF by 58.2% in the 4th quarter. Members Advisory Group LLC now owns 119,871 shares of the company’s stock valued at $19,984,000 after buying an additional 44,113 shares in the last quarter. Fagan Associates Inc. increased its position in shares of SPDR Global Dow ETF by 3.3% in the 4th quarter. Fagan Associates Inc. now owns 75,266 shares of the company’s stock valued at $12,547,000 after buying an additional 2,426 shares in the last quarter. Baltimore Washington Financial Advisors Inc. increased its position in shares of SPDR Global Dow ETF by 6.0% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 74,515 shares of the company’s stock valued at $12,053,000 after buying an additional 4,187 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of SPDR Global Dow ETF by 49.6% in the 4th quarter. Cetera Investment Advisers now owns 59,202 shares of the company’s stock valued at $9,869,000 after buying an additional 19,625 shares in the last quarter.

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.