Short Interest in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Declines By 53.1%

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 3,344 shares, a decline of 53.1% from the June 15th total of 7,125 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 38,180 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Windmill Hill Asset Management Ltd bought a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter valued at $11,503,000. Susquehanna International Group LLP lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1,518.7% during the third quarter. Susquehanna International Group LLP now owns 144,034 shares of the company’s stock worth $7,103,000 after acquiring an additional 135,136 shares in the last quarter. Gemmer Asset Management LLC grew its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 16.3% in the fourth quarter. Gemmer Asset Management LLC now owns 661,907 shares of the company’s stock valued at $33,404,000 after acquiring an additional 93,000 shares during the period. Rockefeller Capital Management L.P. grew its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 70.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 166,460 shares of the company’s stock valued at $8,401,000 after acquiring an additional 68,900 shares during the period. Finally, Mariner LLC grew its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 312.9% in the fourth quarter. Mariner LLC now owns 59,223 shares of the company’s stock valued at $2,989,000 after acquiring an additional 44,881 shares during the period.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

NYSEARCA:EFAX traded up $0.01 during trading hours on Tuesday, hitting $54.31. The stock had a trading volume of 1,279 shares, compared to its average volume of 24,095. The business’s 50 day moving average is $53.61 and its 200-day moving average is $52.55. The company has a market cap of $505.08 million, a price-to-earnings ratio of 17.37 and a beta of 0.80. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a one year low of $45.82 and a one year high of $54.97.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Company Profile

The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) is an exchange-traded fund that is based on the MSCI EAFE ex Fossil Fuels index. The fund tracks a subset of the MSCI EAFE Index that excludes companies that own fossil fuel reserves. EFAX was launched on Oct 24, 2016 and is managed by State Street.