Short Interest in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Expands By 83.8%

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 27,222 shares, an increase of 83.8% from the July 30th total of 14,808 shares. Based on an average trading volume of 55,111 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Clear Harbor Asset Management LLC lifted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 0.7% during the fourth quarter. Clear Harbor Asset Management LLC now owns 27,825 shares of the company’s stock worth $1,563,000 after acquiring an additional 180 shares during the period. Moneta Group Investment Advisors LLC increased its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,585 shares of the company’s stock valued at $763,000 after purchasing an additional 214 shares during the last quarter. Stifel Financial Corp raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.7% during the 4th quarter. Stifel Financial Corp now owns 12,945 shares of the company’s stock worth $727,000 after purchasing an additional 335 shares during the period. Allworth Financial LP raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 32.8% during the 4th quarter. Allworth Financial LP now owns 2,201 shares of the company’s stock worth $124,000 after purchasing an additional 544 shares during the period. Finally, Flputnam Investment Management Co. boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 0.8% in the 4th quarter. Flputnam Investment Management Co. now owns 75,694 shares of the company’s stock worth $4,253,000 after buying an additional 564 shares during the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Down 0.2%

Shares of SPYX stock traded down $0.13 on Friday, reaching $63.13. The company had a trading volume of 34,460 shares, compared to its average volume of 123,932. The stock has a market capitalization of $2.83 billion, a PE ratio of 26.26 and a beta of 1.00. SPDR S&P Fossil Fuel Reserves Free ETF has a one year low of $51.28 and a one year high of $63.96. The business’s 50-day moving average is $61.84 and its 200 day moving average is $59.05.

SPDR S&P Fossil Fuel Reserves Free ETF Company Profile

The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is an exchange-traded fund that is based on the S&P 500 Fossil Fuel Free index. The fund follows an S&P 500- based index excluding companies with known fossil fuel reserves. SPYX was launched on Nov 30, 2015 and is managed by State Street.