SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Short Interest Update

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,199,196 shares, an increase of 24.0% from the March 31st total of 2,579,199 shares. Based on an average daily trading volume, of 2,412,545 shares, the short-interest ratio is currently 1.3 days. Approximately 4.7% of the company’s shares are short sold.

SPDR EURO STOXX 50 ETF Price Performance

NYSEARCA FEZ traded up $0.02 during trading on Friday, hitting $65.99. 3,420,983 shares of the company’s stock traded hands, compared to its average volume of 2,433,095. The stock has a fifty day moving average of $64.51 and a two-hundred day moving average of $64.58. SPDR EURO STOXX 50 ETF has a 12-month low of $56.72 and a 12-month high of $69.44. The firm has a market cap of $4.43 billion, a P/E ratio of 16.43 and a beta of 0.98.

Institutional Trading of SPDR EURO STOXX 50 ETF

Several institutional investors have recently added to or reduced their stakes in FEZ. NewEdge Advisors LLC boosted its position in SPDR EURO STOXX 50 ETF by 39.1% during the first quarter. NewEdge Advisors LLC now owns 5,906 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 1,659 shares during the period. Empowered Funds LLC purchased a new stake in SPDR EURO STOXX 50 ETF during the first quarter valued at about $3,006,000. Franklin Resources Inc. boosted its position in SPDR EURO STOXX 50 ETF by 224.1% during the second quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 605 shares during the period. Hsbc Holdings PLC boosted its position in SPDR EURO STOXX 50 ETF by 43.4% during the second quarter. Hsbc Holdings PLC now owns 6,802 shares of the exchange traded fund’s stock valued at $406,000 after buying an additional 2,060 shares during the period. Finally, Amundi boosted its position in SPDR EURO STOXX 50 ETF by 54.2% during the second quarter. Amundi now owns 120,470 shares of the exchange traded fund’s stock valued at $7,232,000 after buying an additional 42,322 shares during the period.

SPDR EURO STOXX 50 ETF Company Profile

SPDR EURO STOXX 50 ETF (the Fund) seeks to replicate as closely as possible the price and yield of the EURO STOXX 50 Index (the Index). The Index is designed to represent the performance of some of the companies across components of the 20 EURO STOXX Supersector Indexes. The EURO STOXX Supersector Indexes are subsets of the EURO STOXX Index. The EURO STOXX Index is a broad liquid subset of the STOXX Europe 600 Index. The Index captures approximately 60% of the free-float market capitalization of the EURO STOXX Total Market Index, which in turn covers approximately 95% of the free float market capitalization of the represented countries.