SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Short Interest Down 53.1% in June

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 3,344 shares, a drop of 53.1% from the June 15th total of 7,125 shares. Based on an average daily volume of 38,180 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Down 0.8%

Shares of EFAX stock traded down $0.41 during trading hours on Thursday, hitting $53.93. 3,716 shares of the company’s stock traded hands, compared to its average volume of 23,766. The stock’s fifty day simple moving average is $53.64 and its two-hundred day simple moving average is $52.60. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 12-month low of $45.82 and a 12-month high of $54.97. The stock has a market cap of $496.16 million, a price-to-earnings ratio of 17.37 and a beta of 0.80.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EFAX. Proffitt & Goodson Inc. boosted its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1.1% in the 4th quarter. Proffitt & Goodson Inc. now owns 20,565 shares of the company’s stock worth $1,038,000 after purchasing an additional 217 shares in the last quarter. Boyd Wealth Management LLC grew its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 3.6% during the 4th quarter. Boyd Wealth Management LLC now owns 8,309 shares of the company’s stock valued at $419,000 after purchasing an additional 292 shares during the last quarter. Wealthfront Advisers LLC increased its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 7.9% during the 4th quarter. Wealthfront Advisers LLC now owns 4,387 shares of the company’s stock valued at $221,000 after purchasing an additional 322 shares in the last quarter. Marquette Associates Inc. increased its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1.5% during the 4th quarter. Marquette Associates Inc. now owns 22,731 shares of the company’s stock valued at $1,147,000 after purchasing an additional 340 shares in the last quarter. Finally, Stonehearth Capital Management LLC raised its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 4.7% in the fourth quarter. Stonehearth Capital Management LLC now owns 8,808 shares of the company’s stock worth $445,000 after buying an additional 394 shares during the last quarter.

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.