SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Short Interest Up 154.1% in August

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 9,814 shares, a growth of 154.1% from the July 30th total of 3,863 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 28,263 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of institutional investors and hedge funds have recently bought and sold shares of EFAX. Northwestern Mutual Wealth Management Co. grew its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 148.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,662 shares of the company’s stock worth $79,000 after purchasing an additional 992 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter valued at about $99,000. Sankala Group LLC purchased a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter valued at about $140,000. Raymond James Financial Inc. acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at about $161,000. Finally, Stonehearth Capital Management LLC acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at about $209,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Trading Down 0.2%

Shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock opened at $55.76 on Friday. The company has a fifty day simple moving average of $54.73 and a 200-day simple moving average of $53.31. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 12-month low of $47.49 and a 12-month high of $56.51. The stock has a market cap of $512.99 million, a price-to-earnings ratio of 17.37 and a beta of 0.80.

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.