SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sees Significant Decrease in Short Interest

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 19,159 shares, a decrease of 52.9% from the February 12th total of 40,658 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 289,238 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 289,238 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Down 0.6%

Shares of SPDR S&P Fossil Fuel Reserves Free ETF stock traded down $0.32 during trading on Friday, reaching $54.16. The company’s stock had a trading volume of 113,083 shares, compared to its average volume of 172,089. SPDR S&P Fossil Fuel Reserves Free ETF has a 12-month low of $39.59 and a 12-month high of $57.34. The company has a market capitalization of $2.28 billion, a P/E ratio of 26.26 and a beta of 1.00. The business has a 50 day moving average price of $56.35 and a 200-day moving average price of $55.61.

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

Institutional investors have recently made changes to their positions in the stock. Windmill Hill Asset Management Ltd increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 6.9% in the 4th quarter. Windmill Hill Asset Management Ltd now owns 6,341,875 shares of the company’s stock valued at $356,350,000 after purchasing an additional 409,450 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter worth about $22,103,000. Tiff Advisory Services LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter worth about $18,614,000. Mariner LLC grew its position in SPDR S&P Fossil Fuel Reserves Free ETF by 162.1% during the fourth quarter. Mariner LLC now owns 231,043 shares of the company’s stock worth $12,982,000 after buying an additional 142,899 shares during the period. Finally, Xponance Inc. purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at about $7,603,000.

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.