SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sees Large Decrease in Short Interest

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 21,159 shares, a decline of 68.6% from the June 30th total of 67,287 shares. Based on an average daily volume of 65,070 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Up 0.1%

Shares of NYSEARCA:SPYX opened at $60.57 on Friday. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 26.26 and a beta of 1.01. SPDR S&P Fossil Fuel Reserves Free ETF has a 12 month low of $50.97 and a 12 month high of $62.23. The firm’s 50-day moving average is $61.06 and its 200 day moving average is $58.02.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SPYX. Clear Harbor Asset Management LLC raised its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 0.7% in the fourth quarter. Clear Harbor Asset Management LLC now owns 27,825 shares of the company’s stock worth $1,563,000 after buying an additional 180 shares during the period. Moneta Group Investment Advisors LLC boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 1.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,585 shares of the company’s stock valued at $763,000 after acquiring an additional 214 shares during the period. Stifel Financial Corp boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 2.7% during the 4th quarter. Stifel Financial Corp now owns 12,945 shares of the company’s stock valued at $727,000 after acquiring an additional 335 shares during the period. Rockingstone Advisors LLC grew its position in SPDR S&P Fossil Fuel Reserves Free ETF by 10.4% in the 4th quarter. Rockingstone Advisors LLC now owns 4,725 shares of the company’s stock valued at $265,000 after acquiring an additional 445 shares during the last quarter. Finally, Boyd Wealth Management LLC grew its position in SPDR S&P Fossil Fuel Reserves Free ETF by 1.4% in the 4th quarter. Boyd Wealth Management LLC now owns 36,151 shares of the company’s stock valued at $2,031,000 after acquiring an additional 507 shares during the last quarter.

About SPDR S&P Fossil Fuel Reserves Free ETF

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.