SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Stock Short Interest Falls 74.6%

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 15,172 shares, a decrease of 74.6% from the September 15th total of 59,676 shares. Based on an average daily volume of 71,455 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of SPDR S&P Fossil Fuel Reserves Free ETF

Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 6.5% during the 1st quarter. Bank of America Corp DE now owns 1,011,233 shares of the company’s stock worth $53,626,000 after purchasing an additional 61,516 shares during the last quarter. Spinnaker Trust grew its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.0% in the first quarter. Spinnaker Trust now owns 432,061 shares of the company’s stock valued at $22,912,000 after purchasing an additional 4,211 shares in the last quarter. Allianz SE increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 5.7% in the fourth quarter. Allianz SE now owns 298,008 shares of the company’s stock valued at $16,745,000 after purchasing an additional 16,000 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 21.8% in the first quarter. Royal Bank of Canada now owns 266,749 shares of the company’s stock valued at $14,146,000 after purchasing an additional 47,737 shares during the last quarter. Finally, Gould Asset Management LLC CA increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.7% in the first quarter. Gould Asset Management LLC CA now owns 182,436 shares of the company’s stock valued at $9,675,000 after purchasing an additional 3,055 shares during the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

Shares of SPYX traded down $0.08 during mid-day trading on Monday, hitting $63.70. 21,349 shares of the company were exchanged, compared to its average volume of 118,188. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. SPDR S&P Fossil Fuel Reserves Free ETF has a 1-year low of $51.28 and a 1-year high of $64.04. The company has a 50 day moving average of $62.96 and a 200-day moving average of $60.62.

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.