SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Stock Short Interest Rises 363.2%

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 33,959 shares, a growth of 363.2% from the October 15th total of 7,332 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 96,639 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Tompkins Financial Corp purchased a new stake in SPDR S&P 500 ESG ETF in the third quarter worth $31,046,000. Koss Olinger Consulting LLC lifted its position in SPDR S&P 500 ESG ETF by 0.9% during the first quarter. Koss Olinger Consulting LLC now owns 412,410 shares of the company’s stock valued at $26,015,000 after buying an additional 3,563 shares during the period. Allworth Financial LP lifted its position in SPDR S&P 500 ESG ETF by 1.4% during the third quarter. Allworth Financial LP now owns 228,018 shares of the company’s stock valued at $16,629,000 after buying an additional 3,133 shares during the period. Principal Financial Group Inc. lifted its position in SPDR S&P 500 ESG ETF by 20.8% during the first quarter. Principal Financial Group Inc. now owns 186,007 shares of the company’s stock valued at $11,733,000 after buying an additional 32,030 shares during the period. Finally, Private Advisor Group LLC bought a new stake in shares of SPDR S&P 500 ESG ETF during the 3rd quarter valued at $7,883,000.

SPDR S&P 500 ESG ETF Price Performance

SPDR S&P 500 ESG ETF stock traded up $0.97 during trading hours on Wednesday, reaching $72.22. The stock had a trading volume of 25,557 shares, compared to its average volume of 49,437. The company has a fifty day simple moving average of $74.05 and a 200-day simple moving average of $70.91. SPDR S&P 500 ESG ETF has a 52 week low of $61.10 and a 52 week high of $76.28. The stock has a market cap of $1.03 billion, a PE ratio of 21.61 and a beta of 1.01.

SPDR S&P 500 ESG ETF Company Profile

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.