SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Stock Short Interest Rises 221.2%

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 21,698 shares, a growth of 221.2% from the August 31st total of 6,756 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 14,099 shares, the short-interest ratio is presently 1.5 days.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Up 1.0%

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock traded up $0.54 during trading hours on Friday, hitting $54.42. The stock had a trading volume of 5,605 shares, compared to its average volume of 21,137. The business’s 50 day simple moving average is $55.09 and its 200-day simple moving average is $53.46. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a one year low of $47.86 and a one year high of $56.51. The stock has a market cap of $500.66 million, a price-to-earnings ratio of 17.37 and a beta of 0.80.

Institutional Investors Weigh In On SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

Several hedge funds have recently added to or reduced their stakes in the business. Gemmer Asset Management LLC increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 2.7% in the 2nd quarter. Gemmer Asset Management LLC now owns 713,531 shares of the company’s stock valued at $38,617,000 after acquiring an additional 19,047 shares during the period. Advisory Solutions Group LLC acquired a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the 2nd quarter worth about $628,000. First Bancorp Inc ME bought a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at about $247,000. William Mack & Associates Inc. grew its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 11.2% in the 2nd quarter. William Mack & Associates Inc. now owns 7,412 shares of the company’s stock valued at $401,000 after buying an additional 748 shares during the last quarter. Finally, Camelot Technology Advisors Inc. increased its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 22.3% in the second quarter. Camelot Technology Advisors Inc. now owns 25,484 shares of the company’s stock valued at $1,379,000 after buying an additional 4,645 shares during the period.

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.