SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Short Interest Down 79.9% in May

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 13,564 shares, a decline of 79.9% from the May 14th total of 67,401 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 75,341 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several institutional investors have recently modified their holdings of the company. Sound Income Strategies LLC raised its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 219.3% during the 1st quarter. Sound Income Strategies LLC now owns 364 shares of the company’s stock worth $34,000 after buying an additional 250 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 217.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock worth $78,000 after buying an additional 625 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 22.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,217 shares of the company’s stock worth $110,000 after buying an additional 226 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the 2nd quarter worth $119,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the 4th quarter worth $164,000.

SPDR MSCI EAFE StrategicFactors ETF Trading Up 0.0%

Shares of NYSEARCA:QEFA traded up $0.03 during trading on Friday, hitting $96.78. 31,130 shares of the stock were exchanged, compared to its average volume of 41,091. The company has a fifty day moving average price of $96.57 and a two-hundred day moving average price of $94.39. The company has a market cap of $1.08 billion, a PE ratio of 15.98 and a beta of 0.68. SPDR MSCI EAFE StrategicFactors ETF has a 12-month low of $82.33 and a 12-month high of $100.17.

About SPDR MSCI EAFE StrategicFactors ETF

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) is an exchange-traded fund that is based on the MSCI EAFE Factor Mix A-Series (USD) index. The fund tracks an index of securities from developed markets in Europe, Australia and the Far East. The index equal-weights 3 subindexes: value, minimum volatility and quality. QEFA was launched on Jun 4, 2014 and is managed by State Street.