Short Interest in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Increases By 31.8%

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 1,686,374 shares, an increase of 31.8% from the February 26th total of 1,279,379 shares. Approximately 2.1% of the company’s shares are short sold. Based on an average trading volume of 3,902,138 shares, the short-interest ratio is presently 0.4 days.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of NYSEARCA:FEZ traded up $0.03 during mid-day trading on Monday, hitting $59.83. The stock had a trading volume of 3,132,991 shares, compared to its average volume of 2,531,202. The company has a market cap of $4.78 billion, a PE ratio of 16.43 and a beta of 1.06. SPDR EURO STOXX 50 ETF has a 12-month low of $47.63 and a 12-month high of $69.44. The company’s 50 day moving average is $65.50 and its 200-day moving average is $64.06.

Institutional Trading of SPDR EURO STOXX 50 ETF

Several large investors have recently added to or reduced their stakes in FEZ. NewEdge Advisors LLC grew its holdings in shares of SPDR EURO STOXX 50 ETF by 39.1% during the first quarter. NewEdge Advisors LLC now owns 5,906 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 1,659 shares in the last quarter. Empowered Funds LLC purchased a new stake in SPDR EURO STOXX 50 ETF in the 1st quarter worth about $3,006,000. Franklin Resources Inc. boosted its position in SPDR EURO STOXX 50 ETF by 224.1% during the 2nd quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 605 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in SPDR EURO STOXX 50 ETF by 20.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 445,412 shares of the exchange traded fund’s stock worth $26,604,000 after acquiring an additional 75,979 shares during the period. Finally, Level Four Advisory Services LLC grew its stake in SPDR EURO STOXX 50 ETF by 25.8% during the 2nd quarter. Level Four Advisory Services LLC now owns 69,046 shares of the exchange traded fund’s stock valued at $4,124,000 after acquiring an additional 14,182 shares in the last quarter.

About SPDR EURO STOXX 50 ETF

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.