Short Interest in SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Drops By 50.0%

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) saw 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. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 24,978 shares, the days-to-cover ratio is currently 0.6 days.

SPDR Portfolio Europe ETF Trading Down 0.2%

Shares of SPDR Portfolio Europe ETF stock traded down $0.13 on Friday, reaching $56.97. 16,896 shares of the stock were exchanged, compared to its average volume of 61,236. SPDR Portfolio Europe ETF has a 1-year low of $48.00 and a 1-year high of $57.64. The business has a fifty day moving average price of $55.76 and a two-hundred day moving average price of $54.61. The firm has a market capitalization of $740.61 million, a PE ratio of 16.86 and a beta of 0.84.

Institutional Trading of SPDR Portfolio Europe ETF

A number of institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC acquired a new stake in SPDR Portfolio Europe ETF in the fourth quarter valued at $47,000. JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio Europe ETF by 460.2% in the third 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 stake in SPDR Portfolio Europe ETF during the fourth quarter worth about $124,000. Jones Financial Companies Lllp grew its position in 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 worth $148,000 after buying an additional 2,533 shares during the period. Finally, MGB Wealth Management LLC increased its holdings in SPDR Portfolio Europe ETF by 80.9% in the second quarter. MGB Wealth Management LLC now owns 3,872 shares of the company’s stock valued at $188,000 after buying an additional 1,731 shares in the last quarter.

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.