Short Interest in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Grows By 1,599.4%

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 8,038 shares, a growth of 1,599.4% from the April 15th total of 473 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 2,515 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

Large investors have recently modified their holdings of the business. Triumph Capital Management bought a new stake in shares of SPDR MSCI World StrategicFactors ETF in the third quarter worth about $31,000. Kestra Advisory Services LLC bought a new stake in shares of SPDR MSCI World StrategicFactors ETF in the fourth quarter worth about $31,000. Root Financial Partners LLC bought a new stake in shares of SPDR MSCI World StrategicFactors ETF in the third quarter worth about $92,000. International Assets Investment Management LLC bought a new stake in shares of SPDR MSCI World StrategicFactors ETF in the fourth quarter worth about $120,000. Finally, Susquehanna International Group LLP bought a new stake in shares of SPDR MSCI World StrategicFactors ETF in the third quarter worth about $288,000.

SPDR MSCI World StrategicFactors ETF Stock Down 0.1%

NYSEARCA QWLD traded down $0.08 on Monday, reaching $150.76. The company had a trading volume of 1,112 shares, compared to its average volume of 3,620. The stock’s 50 day moving average is $146.78 and its 200-day moving average is $145.26. The stock has a market cap of $188.45 million, a price-to-earnings ratio of 19.41 and a beta of 0.77. SPDR MSCI World StrategicFactors ETF has a 52 week low of $129.78 and a 52 week high of $151.53.

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.