SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Short Interest Down 50.0% in August

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 15,776 shares, a decrease of 50.0% from the July 30th total of 31,548 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 24,978 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of SPDR Portfolio Europe ETF

Large investors have recently modified their holdings of the business. International Assets Investment Management LLC purchased a new position in shares of SPDR Portfolio Europe ETF during the 4th quarter worth approximately $47,000. JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio Europe ETF by 460.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,294 shares of the company’s stock valued at $64,000 after purchasing an additional 1,063 shares during the period. Cornerstone Planning Group LLC purchased a new position in shares of SPDR Portfolio Europe ETF in the 4th quarter valued at approximately $124,000. Jones Financial Companies Lllp boosted its position in shares of SPDR Portfolio Europe ETF by 305.2% during the first quarter. Jones Financial Companies Lllp now owns 3,363 shares of the company’s stock valued at $148,000 after purchasing an additional 2,533 shares in the last quarter. Finally, MGB Wealth Management LLC boosted its position in shares of SPDR Portfolio Europe ETF by 80.9% during the second quarter. MGB Wealth Management LLC now owns 3,872 shares of the company’s stock valued at $188,000 after purchasing an additional 1,731 shares in the last quarter.

SPDR Portfolio Europe ETF Stock Performance

NYSEARCA:SPEU traded down $0.22 during mid-day trading on Monday, reaching $56.75. The stock had a trading volume of 17,936 shares, compared to its average volume of 60,974. The stock has a market capitalization of $737.75 million, a P/E ratio of 16.86 and a beta of 0.84. The firm has a 50 day moving average price of $55.80 and a two-hundred day moving average price of $54.61. SPDR Portfolio Europe ETF has a one year low of $48.00 and a one year high of $57.64.

SPDR Portfolio Europe ETF Company Profile

The SPDR Portfolio Europe ETF (SPEU) is an exchange-traded fund that is based on the STOXX Europe TMI index, a market-cap-weighted index of Western European companies across the market-cap spectrum. SPEU was launched on Oct 15, 2002 and is managed by State Street.