SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Stock Short Interest Rises 221.2%

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 21,698 shares, a growth of 221.2% from the August 31st total of 6,756 shares. Based on an average trading volume of 14,099 shares, the short-interest ratio is currently 1.5 days. Currently, 0.2% of the company’s shares are sold short.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Trading Up 1.0%

NYSEARCA:EFAX traded up $0.54 on Friday, reaching $54.42. 5,605 shares of the stock traded hands, compared to its average volume of 21,137. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 1-year low of $47.86 and a 1-year high of $56.51. The company’s 50 day moving average is $55.09 and its 200-day moving average is $53.46. The firm has a market capitalization of $500.66 million, a price-to-earnings ratio of 17.37 and a beta of 0.80.

Institutional Investors Weigh In On SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

A number of institutional investors have recently modified their holdings of EFAX. Gemmer Asset Management LLC lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 2.7% in the second quarter. Gemmer Asset Management LLC now owns 713,531 shares of the company’s stock valued at $38,617,000 after buying an additional 19,047 shares during the period. Advisory Solutions Group LLC bought a new stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the second quarter valued at $628,000. First Bancorp Inc ME acquired a new stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the 2nd quarter worth about $247,000. William Mack & Associates Inc. grew its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 11.2% during the 2nd quarter. William Mack & Associates Inc. now owns 7,412 shares of the company’s stock worth $401,000 after acquiring an additional 748 shares during the period. Finally, Camelot Technology Advisors Inc. raised its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 22.3% in the 2nd quarter. Camelot Technology Advisors Inc. now owns 25,484 shares of the company’s stock worth $1,379,000 after acquiring an additional 4,645 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.