SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Short Interest Update

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 59,676 shares, an increase of 114.1% from the August 31st total of 27,877 shares. Based on an average trading volume of 64,331 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.1% of the shares of the stock are short sold.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

Shares of NYSEARCA SPYX traded down $0.15 during trading on Tuesday, hitting $62.60. 102,060 shares of the company were exchanged, compared to its average volume of 117,279. SPDR S&P Fossil Fuel Reserves Free ETF has a 1 year low of $51.28 and a 1 year high of $63.96. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. The firm’s fifty day moving average price is $62.53 and its 200 day moving average price is $60.05.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Robinswood Financial LLC purchased a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 1st quarter worth approximately $96,000. Princeton Global Asset Management LLC increased its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 68.4% in the 1st quarter. Princeton Global Asset Management LLC now owns 1,982 shares of the company’s stock valued at $105,000 after purchasing an additional 805 shares in the last quarter. Security National Bank of Sioux City Iowa IA purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the 2nd quarter valued at approximately $110,000. Monetary Solutions Ltd acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter worth $158,000. Finally, Seneca Financial Advisors LLC purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the first quarter worth $234,000.

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.