SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Short Interest Update

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 59,676 shares, a growth of 114.1% from the August 31st total of 27,877 shares. Based on an average daily trading volume, of 64,331 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are sold short.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

Shares of SPDR S&P Fossil Fuel Reserves Free ETF stock opened at $62.60 on Wednesday. SPDR S&P Fossil Fuel Reserves Free ETF has a 1-year low of $51.28 and a 1-year high of $63.96. The company has a market capitalization of $2.84 billion, a PE ratio of 26.26 and a beta of 1.00. The business has a 50-day moving average of $62.55 and a 200-day moving average of $60.10.

Institutional Investors Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF

A number of hedge funds have recently bought and sold shares of the business. Robinswood Financial LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 1st quarter valued at approximately $96,000. Princeton Global Asset Management LLC boosted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 68.4% during the 1st quarter. Princeton Global Asset Management LLC now owns 1,982 shares of the company’s stock valued at $105,000 after buying an additional 805 shares during the last quarter. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth approximately $110,000. Monetary Solutions Ltd acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the fourth quarter valued at $158,000. Finally, Seneca Financial Advisors LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the first quarter valued at $234,000.

SPDR S&P Fossil Fuel Reserves Free ETF Company Profile

The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is an exchange-traded fund that is based on the S&P 500 Fossil Fuel Free index. The fund follows an S&P 500- based index excluding companies with known fossil fuel reserves. SPYX was launched on Nov 30, 2015 and is managed by State Street.