SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) Short Interest Update

SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) was the recipient of a large growth in short interest during the month of August. As of August 15th, there was short interest totaling 5,800 shares, agrowthof190.0% from the July 31st total of 2,000 shares. Based on an average trading volume of 11,300 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 11,300 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its position in shares of SPDR SSgA Global Allocation ETF by 10.3% in the 2nd quarter. Osaic Holdings Inc. now owns 44,708 shares of the company’s stock worth $2,101,000 after acquiring an additional 4,176 shares in the last quarter. Taylor Financial Group Inc. raised its position in shares of SPDR SSgA Global Allocation ETF by 12.9% in the 2nd quarter. Taylor Financial Group Inc. now owns 69,682 shares of the company’s stock worth $3,275,000 after acquiring an additional 7,972 shares in the last quarter. OLD National Bancorp IN bought a new position in shares of SPDR SSgA Global Allocation ETF in the 2nd quarter worth $388,000. Ameritas Advisory Services LLC raised its position in shares of SPDR SSgA Global Allocation ETF by 6.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 22,739 shares of the company’s stock worth $1,069,000 after acquiring an additional 1,388 shares in the last quarter. Finally, Johnson & White Wealth Management LLC raised its position in shares of SPDR SSgA Global Allocation ETF by 22.3% in the 2nd quarter. Johnson & White Wealth Management LLC now owns 14,525 shares of the company’s stock worth $683,000 after acquiring an additional 2,651 shares in the last quarter.

SPDR SSgA Global Allocation ETF Stock Up 0.3%

Shares of NYSEARCA GAL opened at $48.48 on Friday. The business has a fifty day simple moving average of $47.55 and a two-hundred day simple moving average of $46.01. The firm has a market cap of $266.64 million, a PE ratio of 18.24 and a beta of 0.67. SPDR SSgA Global Allocation ETF has a twelve month low of $41.00 and a twelve month high of $48.68.

About SPDR SSgA Global Allocation ETF

The SPDR SSgA Global Allocation ETF (GAL) is an exchange-traded fund that is based on the MSCI ACWI IMI index. The fund is an actively-managed fund of funds that provides the majority of its returns from capital gains by investing across asset classes. GAL was launched on Apr 25, 2012 and is managed by State Street.