SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Short Interest Down 45.0% in December

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 7,855 shares, a drop of 45.0% from the December 15th total of 14,279 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 58,072 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 58,072 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

A number of hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC purchased a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 3rd quarter valued at approximately $53,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 148.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,662 shares of the company’s stock valued at $79,000 after buying an additional 992 shares during the period. Raymond James Financial Inc. purchased a new stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the second quarter worth about $161,000. Arcadia Investment Advisors LLC boosted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 98.4% in the fourth quarter. Arcadia Investment Advisors LLC now owns 3,879 shares of the company’s stock valued at $196,000 after purchasing an additional 1,924 shares during the period. Finally, Wealthfront Advisers LLC purchased a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 3rd quarter valued at approximately $200,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Up 0.2%

Shares of NYSEARCA EFAX traded up $0.09 during midday trading on Friday, reaching $52.17. 29,205 shares of the stock were exchanged, compared to its average volume of 22,664. The firm has a market cap of $485.18 million, a price-to-earnings ratio of 17.37 and a beta of 0.85. The firm has a 50-day simple moving average of $50.15 and a two-hundred day simple moving average of $49.09. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a twelve month low of $38.08 and a twelve month high of $52.25.

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.