SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Short Interest Down 65.5% in June

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 7,125 shares, a drop of 65.5% from the May 31st total of 20,682 shares. Based on an average daily trading volume, of 19,430 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Down 0.7%

EFAX stock traded down $0.36 during mid-day trading on Friday, reaching $53.43. 8,269 shares of the stock traded hands, compared to its average volume of 23,314. The firm has a market capitalization of $502.24 million, a PE ratio of 17.37 and a beta of 0.80. The business has a 50-day moving average of $53.29 and a two-hundred day moving average of $52.21. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 52 week low of $45.82 and a 52 week high of $54.93.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Proffitt & Goodson Inc. grew its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1.1% in the fourth quarter. Proffitt & Goodson Inc. now owns 20,565 shares of the company’s stock worth $1,038,000 after acquiring an additional 217 shares during the last quarter. Boyd Wealth Management LLC grew its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 3.6% in the 4th quarter. Boyd Wealth Management LLC now owns 8,309 shares of the company’s stock worth $419,000 after purchasing an additional 292 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 7.9% during the 4th quarter. Wealthfront Advisers LLC now owns 4,387 shares of the company’s stock worth $221,000 after purchasing an additional 322 shares during the period. Marquette Associates Inc. raised its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1.5% during the fourth quarter. Marquette Associates Inc. now owns 22,731 shares of the company’s stock valued at $1,147,000 after buying an additional 340 shares during the last quarter. Finally, Stonehearth Capital Management LLC grew its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 4.7% during the fourth quarter. Stonehearth Capital Management LLC now owns 8,808 shares of the company’s stock worth $445,000 after buying an additional 394 shares in the last quarter.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Company Profile

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.