SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sees Significant Increase in Short Interest

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 3,199,196 shares, a growth of 24.0% from the March 31st total of 2,579,199 shares. Based on an average trading volume of 2,412,545 shares, the short-interest ratio is currently 1.3 days. Currently, 4.7% of the company’s shares are sold short.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

A number of institutional investors and hedge funds have recently modified their holdings of FEZ. Darwin Wealth Management LLC bought a new position in shares of SPDR EURO STOXX 50 ETF during the 1st quarter worth approximately $26,000. Ameriflex Group Inc. bought a new position in shares of SPDR EURO STOXX 50 ETF during the 4th quarter worth approximately $26,000. Y.D. More Investments Ltd boosted its holdings in shares of SPDR EURO STOXX 50 ETF by 200.0% during the 3rd quarter. Y.D. More Investments Ltd now owns 600 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 400 shares in the last quarter. MGB Wealth Management LLC boosted its holdings in shares of SPDR EURO STOXX 50 ETF by 49.4% during the 3rd quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 201 shares in the last quarter. Finally, Hyposwiss Advisors SA bought a new position in shares of SPDR EURO STOXX 50 ETF during the 4th quarter worth approximately $38,000.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of SPDR EURO STOXX 50 ETF stock traded up $0.02 on Friday, reaching $65.99. 3,420,983 shares of the company’s stock were exchanged, compared to its average volume of 2,433,095. The company has a market capitalization of $4.43 billion, a P/E ratio of 16.43 and a beta of 0.98. SPDR EURO STOXX 50 ETF has a 52 week low of $56.72 and a 52 week high of $69.44. The firm’s 50-day moving average is $64.51 and its two-hundred day moving average is $64.58.

SPDR EURO STOXX 50 ETF Company Profile

SPDR EURO STOXX 50 ETF (the Fund) seeks to replicate as closely as possible the price and yield of the EURO STOXX 50 Index (the Index). The Index is designed to represent the performance of some of the companies across components of the 20 EURO STOXX Supersector Indexes. The EURO STOXX Supersector Indexes are subsets of the EURO STOXX Index. The EURO STOXX Index is a broad liquid subset of the STOXX Europe 600 Index. The Index captures approximately 60% of the free-float market capitalization of the EURO STOXX Total Market Index, which in turn covers approximately 95% of the free float market capitalization of the represented countries.