SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Short Interest Update

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 156,784 shares, a growth of 369.7% from the May 31st total of 33,377 shares. Approximately 3.2% of the shares of the company are sold short. Based on an average daily volume of 80,640 shares, the short-interest ratio is currently 1.9 days.

Institutional Trading of SP Funds S&P World (ex-US) ETF

Large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new position in SP Funds S&P World (ex-US) ETF in the fourth quarter worth approximately $52,000. CWM LLC grew its position in shares of SP Funds S&P World (ex-US) ETF by 31.4% during the 4th quarter. CWM LLC now owns 6,737 shares of the company’s stock valued at $184,000 after acquiring an additional 1,608 shares during the period. Strengthening Families & Communities LLC increased its stake in shares of SP Funds S&P World (ex-US) ETF by 243.6% in the 4th quarter. Strengthening Families & Communities LLC now owns 6,955 shares of the company’s stock worth $190,000 after purchasing an additional 4,931 shares in the last quarter. Mariner LLC bought a new position in SP Funds S&P World (ex-US) ETF in the 4th quarter worth $269,000. Finally, Citadel Advisors LLC bought a new position in SP Funds S&P World (ex-US) ETF in the 3rd quarter worth $278,000.

SP Funds S&P World (ex-US) ETF Stock Down 1.3%

Shares of SP Funds S&P World (ex-US) ETF stock traded down $0.43 during trading hours on Friday, reaching $33.30. 33,396 shares of the stock traded hands, compared to its average volume of 62,523. SP Funds S&P World has a one year low of $23.86 and a one year high of $35.46. The firm has a market capitalization of $165.50 million, a price-to-earnings ratio of 21.74 and a beta of 0.91. The company has a 50 day moving average price of $32.95 and a 200 day moving average price of $30.31.

About SP Funds S&P World (ex-US) ETF

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.