Short Interest in SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Expands By 286.9%

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 43,949 shares, a growth of 286.9% from the February 26th total of 11,360 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 87,038 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 87,038 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR Portfolio Europe ETF

A number of large investors have recently bought and sold shares of SPEU. Jacobs Equity LLC bought a new stake in SPDR Portfolio Europe ETF in the fourth quarter valued at $485,000. Cetera Investment Advisers raised its holdings in shares of SPDR Portfolio Europe ETF by 7.9% during the fourth quarter. Cetera Investment Advisers now owns 64,456 shares of the company’s stock valued at $3,360,000 after purchasing an additional 4,705 shares during the period. Equitable Holdings Inc. boosted its position in shares of SPDR Portfolio Europe ETF by 12.1% during the 4th quarter. Equitable Holdings Inc. now owns 169,394 shares of the company’s stock worth $8,831,000 after purchasing an additional 18,246 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of SPDR Portfolio Europe ETF by 35.1% in the 4th quarter. Osaic Holdings Inc. now owns 603,703 shares of the company’s stock valued at $31,471,000 after buying an additional 156,737 shares during the period. Finally, Private Advisor Group LLC grew its stake in shares of SPDR Portfolio Europe ETF by 9.8% in the 4th quarter. Private Advisor Group LLC now owns 59,263 shares of the company’s stock valued at $3,089,000 after buying an additional 5,291 shares during the period.

SPDR Portfolio Europe ETF Stock Down 0.5%

Shares of SPEU stock opened at $50.18 on Wednesday. The firm has a 50 day moving average of $53.94 and a 200-day moving average of $51.86. The company has a market cap of $707.54 million, a price-to-earnings ratio of 16.86 and a beta of 0.94. SPDR Portfolio Europe ETF has a 52 week low of $38.99 and a 52 week high of $56.46.

About SPDR Portfolio Europe ETF

The SPDR Portfolio Europe ETF (SPEU) is an exchange-traded fund that is based on the STOXX Europe TMI index, a market-cap-weighted index of Western European companies across the market-cap spectrum. SPEU was launched on Oct 15, 2002 and is managed by State Street.