SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Stock Short Interest Climbs 333.5%

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 35,171 shares, an increase of 333.5% from the September 30th total of 8,113 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 22,210 shares, the short-interest ratio is presently 1.6 days.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Trading Down 0.2%

EFAX stock opened at $53.11 on Wednesday. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 12 month low of $47.86 and a 12 month high of $56.51. The stock has a market capitalization of $488.63 million, a P/E ratio of 17.37 and a beta of 0.81. The firm has a 50-day moving average price of $54.34 and a 200-day moving average price of $53.36.

Institutional Trading of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Insight Advisors LLC PA boosted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 6.3% in the 3rd quarter. Insight Advisors LLC PA now owns 8,596 shares of the company’s stock valued at $460,000 after purchasing an additional 511 shares during the last quarter. Boyd Wealth Management LLC raised its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 7.6% during the third quarter. Boyd Wealth Management LLC now owns 8,274 shares of the company’s stock worth $443,000 after buying an additional 587 shares during the last quarter. William Mack & Associates Inc. raised its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 11.2% during the second quarter. William Mack & Associates Inc. now owns 7,412 shares of the company’s stock worth $401,000 after buying an additional 748 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 521.0% in the third quarter. Farther Finance Advisors LLC now owns 1,304 shares of the company’s stock valued at $70,000 after buying an additional 1,094 shares during the period. Finally, Marquette Associates Inc. lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 5.7% in the first quarter. Marquette Associates Inc. now owns 24,023 shares of the company’s stock valued at $1,196,000 after buying an additional 1,292 shares during the period.

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.