SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Large Growth in Short Interest

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 22,842 shares, an increase of 290.3% from the February 26th total of 5,853 shares. Based on an average trading volume of 59,374 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 59,374 shares, the days-to-cover ratio is currently 0.4 days.

SPDR S&P 500 ESG ETF Stock Down 0.3%

EFIV stock opened at $63.32 on Wednesday. The business has a 50 day moving average price of $66.35 and a 200 day moving average price of $65.36. The stock has a market cap of $943.47 million, a price-to-earnings ratio of 24.61 and a beta of 1.01. SPDR S&P 500 ESG ETF has a fifty-two week low of $46.17 and a fifty-two week high of $68.11.

Institutional Trading of SPDR S&P 500 ESG ETF

Several institutional investors have recently modified their holdings of the stock. Rossby Financial LCC acquired a new position in shares of SPDR S&P 500 ESG ETF in the 3rd quarter valued at $37,000. Geneos Wealth Management Inc. raised its stake in SPDR S&P 500 ESG ETF by 193.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 695 shares of the company’s stock worth $37,000 after acquiring an additional 458 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in SPDR S&P 500 ESG ETF during the 2nd quarter worth $65,000. Milestone Investment Advisors LLC lifted its position in SPDR S&P 500 ESG ETF by 24.0% in the fourth quarter. Milestone Investment Advisors LLC now owns 1,017 shares of the company’s stock valued at $67,000 after acquiring an additional 197 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in SPDR S&P 500 ESG ETF in the fourth quarter valued at $165,000.

About SPDR S&P 500 ESG ETF

The SPDR S&P 500 ESG ETF (EFIV) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund tracks a market-cap weighted index of S&P 500 stocks that are screened for sustainability criteria related to ESG factors. EFIV was launched on Jul 27, 2020 and is managed by State Street.