SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) Short Interest Up 125.8% in August

SPDR Dow Jones International Real Estate ETF (NYSEARCA:RWX) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 71,123 shares, an increase of 125.8% from the July 30th total of 31,493 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 22,564 shares, the days-to-cover ratio is presently 3.2 days.

SPDR Dow Jones International Real Estate ETF Trading Down 0.9%

Shares of RWX traded down $0.24 during midday trading on Friday, reaching $27.47. The stock had a trading volume of 23,908 shares, compared to its average volume of 36,749. SPDR Dow Jones International Real Estate ETF has a one year low of $26.07 and a one year high of $30.47. The firm has a market cap of $263.44 million, a PE ratio of 18.85 and a beta of 0.76. The firm has a 50 day simple moving average of $27.51 and a 200-day simple moving average of $27.88.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR Dow Jones International Real Estate ETF during the fourth quarter worth $28,000. CIBC Private Wealth Group LLC raised its stake in SPDR Dow Jones International Real Estate ETF by 41.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,140 shares of the company’s stock worth $32,000 after acquiring an additional 335 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR Dow Jones International Real Estate ETF in the 2nd quarter valued at approximately $81,000. Strategic Wealth Advisors LLC bought a new stake in shares of SPDR Dow Jones International Real Estate ETF during the 4th quarter valued at approximately $93,000. Finally, Bank of Nova Scotia bought a new stake in shares of SPDR Dow Jones International Real Estate ETF during the fourth quarter worth $201,000. 64.39% of the stock is owned by institutional investors.

SPDR Dow Jones International Real Estate ETF Company Profile

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.