SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Stock Short Interest Falls 62.6%

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 8,113 shares, a decline of 62.6% from the September 15th total of 21,698 shares. Based on an average daily volume of 10,391 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

A number of large investors have recently made changes to their positions in the stock. Camelot Technology Advisors Inc. raised its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 22.3% during the third quarter. Camelot Technology Advisors Inc. now owns 31,165 shares of the company’s stock valued at $1,669,000 after acquiring an additional 5,681 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 521.0% during the third quarter. Farther Finance Advisors LLC now owns 1,304 shares of the company’s stock valued at $70,000 after purchasing an additional 1,094 shares in the last quarter. Gemmer Asset Management LLC lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 2.7% during the second quarter. Gemmer Asset Management LLC now owns 713,531 shares of the company’s stock worth $38,617,000 after buying an additional 19,047 shares during the period. Advisory Solutions Group LLC purchased a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at $628,000. Finally, First Bancorp Inc ME bought a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter worth $247,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Price Performance

Shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock traded down $0.40 on Wednesday, reaching $52.93. The company had a trading volume of 34,226 shares, compared to its average volume of 21,136. The firm’s 50-day moving average price is $54.94 and its two-hundred day moving average price is $53.78. The firm has a market cap of $486.96 million, a price-to-earnings ratio of 17.37 and a beta of 0.81. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 1 year low of $47.86 and a 1 year high of $56.51.

About SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

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.