SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Sees Large Growth in Short Interest

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 35,171 shares, an increase of 333.5% from the September 30th total of 8,113 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 22,210 shares, the short-interest ratio is presently 1.6 days.

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

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock opened at $53.11 on Wednesday. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 52-week low of $47.86 and a 52-week high of $56.51. The firm has a 50-day moving average price of $54.34 and a two-hundred day moving average price of $53.36. The firm has a market capitalization of $488.63 million, a price-to-earnings ratio of 17.37 and a beta of 0.81.

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

Large investors have recently made changes to their positions in the company. Insight Advisors LLC PA lifted its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 6.3% during the 3rd quarter. Insight Advisors LLC PA now owns 8,596 shares of the company’s stock worth $460,000 after acquiring an additional 511 shares during the last quarter. Boyd Wealth Management LLC lifted its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 7.6% during the 3rd quarter. Boyd Wealth Management LLC now owns 8,274 shares of the company’s stock worth $443,000 after buying an additional 587 shares during the period. Camelot Technology Advisors Inc. grew its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 22.3% in the 3rd quarter. Camelot Technology Advisors Inc. now owns 31,165 shares of the company’s stock worth $1,669,000 after purchasing an additional 5,681 shares during the last quarter. Farther Finance Advisors LLC boosted its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 521.0% in the third quarter. Farther Finance Advisors LLC now owns 1,304 shares of the company’s stock valued at $70,000 after buying an additional 1,094 shares in the last quarter. Finally, Gemmer Asset Management LLC boosted its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 2.7% in the 2nd quarter. Gemmer Asset Management LLC now owns 713,531 shares of the company’s stock worth $38,617,000 after acquiring an additional 19,047 shares in the last quarter.

About SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

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.