SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Short Interest Down 34.7% in February

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 4,389 shares, a decline of 34.7% from the February 12th total of 6,724 shares. Based on an average daily volume of 15,383 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 15,383 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in EFAX. Root Financial Partners LLC bought a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the third quarter valued at approximately $53,000. Northwestern Mutual Wealth Management Co. lifted 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 worth $79,000 after purchasing an additional 992 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter worth $99,000. Sankala Group LLC acquired a new stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter valued at $140,000. Finally, Raymond James Financial Inc. acquired a new stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at $161,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Price Performance

Shares of EFAX stock traded down $0.68 on Friday, reaching $49.64. 28,715 shares of the company were exchanged, compared to its average volume of 22,523. The company has a market cap of $466.62 million, a price-to-earnings ratio of 17.37 and a beta of 0.85. The company has a 50-day moving average of $52.73 and a 200-day moving average of $50.61. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a one year low of $38.08 and a one year high of $54.87.

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.