SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Short Interest Down 53.1% in June

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,344 shares, a decrease of 53.1% from the June 15th total of 7,125 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 38,180 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 148.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,662 shares of the company’s stock valued at $79,000 after purchasing an additional 992 shares during the last quarter. Kestra Advisory Services LLC bought a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter valued at $99,000. Sankala Group LLC bought a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter valued at $140,000. Raymond James Financial Inc. acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at $161,000. Finally, Stonehearth Capital Management LLC acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at $209,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Price Performance

Shares of NYSEARCA EFAX traded up $0.01 during trading hours on Tuesday, reaching $54.31. The stock had a trading volume of 1,279 shares, compared to its average volume of 24,095. The business’s fifty day moving average is $53.61 and its two-hundred day moving average is $52.55. The company has a market cap of $505.08 million, a price-to-earnings ratio of 17.37 and a beta of 0.80. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a twelve month low of $45.82 and a twelve month high of $54.97.

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.