Short Interest in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Expands By 84.5%

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 11,792 shares, an increase of 84.5% from the July 30th total of 6,393 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 17,475 shares, the short-interest ratio is currently 0.7 days.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

NYSEARCA QEFA traded down $0.12 on Monday, hitting $101.28. 8,955 shares of the stock were exchanged, compared to its average volume of 35,477. The company has a market capitalization of $1.08 billion, a PE ratio of 15.98 and a beta of 0.68. The business’s fifty day moving average is $98.75 and its 200 day moving average is $97.01. SPDR MSCI EAFE StrategicFactors ETF has a 52 week low of $85.50 and a 52 week high of $102.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. boosted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,055,283 shares of the company’s stock worth $92,641,000 after buying an additional 90,449 shares during the period. LPL Financial LLC raised its holdings in SPDR MSCI EAFE StrategicFactors ETF by 7.7% in the 4th quarter. LPL Financial LLC now owns 1,264,638 shares of the company’s stock valued at $114,665,000 after acquiring an additional 90,149 shares during the period. Palladiem LLC bought a new position in SPDR MSCI EAFE StrategicFactors ETF in the 4th quarter valued at about $6,631,000. Moneta Group Investment Advisors LLC bought a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF during the third quarter worth approximately $5,640,000. Finally, Citadel Advisors LLC boosted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 246.8% during the third quarter. Citadel Advisors LLC now owns 32,704 shares of the company’s stock worth $2,875,000 after acquiring an additional 23,273 shares during the period.

About SPDR MSCI EAFE StrategicFactors ETF

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.