Short Interest in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Increases By 110.9%

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 9,739 shares, an increase of 110.9% from the December 31st total of 4,618 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 53,408 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 53,408 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

NYSEARCA QEFA traded down $0.35 during trading hours on Friday, hitting $95.28. 2,423 shares of the company’s stock were exchanged, compared to its average volume of 40,105. The firm has a market capitalization of $1.04 billion, a P/E ratio of 15.98 and a beta of 0.76. SPDR MSCI EAFE StrategicFactors ETF has a 12-month low of $70.97 and a 12-month high of $96.14. The business’s 50 day moving average is $91.08 and its 200-day moving average is $88.54.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

A number of hedge funds have recently made changes to their positions in the stock. Salem Investment Counselors Inc. acquired a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter worth $46,000. JPMorgan Chase & Co. grew its position in SPDR MSCI EAFE StrategicFactors ETF by 217.0% during the second quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock valued at $78,000 after acquiring an additional 625 shares during the period. Raymond James Financial Inc. acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF during the second quarter worth about $119,000. Collaborative Wealth Managment Inc. purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the 3rd quarter worth about $226,000. Finally, AQR Capital Management LLC acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the 1st quarter valued at about $218,000.

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.