Short Interest in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Increases By 35.2%

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 3,473,372 shares, a growth of 35.2% from the November 30th total of 2,569,149 shares. Based on an average daily trading volume, of 1,216,214 shares, the short-interest ratio is currently 2.9 days. Currently, 4.6% of the shares of the stock are sold short. Currently, 4.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,216,214 shares, the short-interest ratio is currently 2.9 days.

SPDR EURO STOXX 50 ETF Stock Performance

SPDR EURO STOXX 50 ETF stock traded up $0.41 during trading on Tuesday, reaching $64.73. The company had a trading volume of 1,232,732 shares, compared to its average volume of 1,903,921. The firm has a market capitalization of $4.89 billion, a PE ratio of 16.43 and a beta of 1.06. The firm’s 50-day simple moving average is $63.27 and its 200 day simple moving average is $61.36. SPDR EURO STOXX 50 ETF has a 1-year low of $47.63 and a 1-year high of $65.06.

Institutional Trading of SPDR EURO STOXX 50 ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Mainstay Capital Management LLC ADV raised its position in shares of SPDR EURO STOXX 50 ETF by 244.3% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 4,158,074 shares of the exchange traded fund’s stock worth $248,362,000 after purchasing an additional 2,950,372 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in SPDR EURO STOXX 50 ETF by 1,171.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,483,102 shares of the exchange traded fund’s stock worth $88,586,000 after buying an additional 1,366,460 shares in the last quarter. Prudential PLC increased its stake in SPDR EURO STOXX 50 ETF by 28.4% during the 2nd quarter. Prudential PLC now owns 1,140,164 shares of the exchange traded fund’s stock worth $68,102,000 after buying an additional 252,000 shares in the last quarter. 1607 Capital Partners LLC raised its holdings in shares of SPDR EURO STOXX 50 ETF by 1,072.1% during the third quarter. 1607 Capital Partners LLC now owns 852,398 shares of the exchange traded fund’s stock valued at $52,951,000 after acquiring an additional 779,675 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of SPDR EURO STOXX 50 ETF by 14.7% in the third quarter. Alliancebernstein L.P. now owns 809,517 shares of the exchange traded fund’s stock valued at $50,287,000 after acquiring an additional 103,798 shares in the last quarter.

About SPDR EURO STOXX 50 ETF

SPDR EURO STOXX 50 ETF (the Fund) seeks to replicate as closely as possible the price and yield of the EURO STOXX 50 Index (the Index). The Index is designed to represent the performance of some of the companies across components of the 20 EURO STOXX Supersector Indexes. The EURO STOXX Supersector Indexes are subsets of the EURO STOXX Index. The EURO STOXX Index is a broad liquid subset of the STOXX Europe 600 Index. The Index captures approximately 60% of the free-float market capitalization of the EURO STOXX Total Market Index, which in turn covers approximately 95% of the free float market capitalization of the represented countries.