SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Large Increase in Short Interest

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 67,401 shares, an increase of 290.3% from the April 30th total of 17,267 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 44,651 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds have recently modified their holdings of QEFA. Sound Income Strategies LLC increased its holdings in SPDR MSCI EAFE StrategicFactors ETF by 219.3% in the 1st quarter. Sound Income Strategies LLC now owns 364 shares of the company’s stock worth $34,000 after purchasing an additional 250 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 217.0% during the second quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock worth $78,000 after purchasing an additional 625 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 22.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,217 shares of the company’s stock worth $110,000 after purchasing an additional 226 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the second quarter valued at approximately $119,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the fourth quarter valued at approximately $164,000.

SPDR MSCI EAFE StrategicFactors ETF Trading Down 0.0%

Shares of SPDR MSCI EAFE StrategicFactors ETF stock opened at $97.81 on Friday. The firm’s 50 day moving average is $95.85 and its 200 day moving average is $93.92. The firm has a market capitalization of $1.09 billion, a PE ratio of 15.98 and a beta of 0.69. SPDR MSCI EAFE StrategicFactors ETF has a 1 year low of $82.33 and a 1 year high of $100.17.

SPDR MSCI EAFE StrategicFactors ETF Company Profile

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) is an exchange-traded fund that is based on the MSCI EAFE Factor Mix A-Series (USD) index. The fund tracks an index of securities from developed markets in Europe, Australia and the Far East. The index equal-weights 3 subindexes: value, minimum volatility and quality. QEFA was launched on Jun 4, 2014 and is managed by State Street.