Short Interest in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Increases By 609.9%

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 75,918 shares, a growth of 609.9% from the April 30th total of 10,694 shares. Based on an average daily volume of 249,518 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of SPDR S&P Fossil Fuel Reserves Free ETF

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 13.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 26,971 shares of the company’s stock worth $1,374,000 after acquiring an additional 3,282 shares during the period. Sei Investments Co. grew its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.5% during the second quarter. Sei Investments Co. now owns 138,231 shares of the company’s stock worth $7,040,000 after buying an additional 3,340 shares in the last quarter. Raymond James Financial Inc. raised its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 7.1% in the 2nd quarter. Raymond James Financial Inc. now owns 32,878 shares of the company’s stock valued at $1,674,000 after acquiring an additional 2,182 shares during the last quarter. Jane Street Group LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 2nd quarter worth about $561,000. Finally, Ameriprise Financial Inc. grew its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 8.1% in the second quarter. Ameriprise Financial Inc. now owns 185,338 shares of the company’s stock valued at $9,441,000 after purchasing an additional 13,810 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Up 0.3%

SPYX stock opened at $61.97 on Friday. SPDR S&P Fossil Fuel Reserves Free ETF has a twelve month low of $47.51 and a twelve month high of $62.12. The stock has a market cap of $2.70 billion, a P/E ratio of 26.26 and a beta of 1.00. The company’s 50 day moving average is $57.48 and its two-hundred day moving average is $56.60.

About SPDR S&P Fossil Fuel Reserves Free ETF

The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is an exchange-traded fund that is based on the S&P 500 Fossil Fuel Free index. The fund follows an S&P 500- based index excluding companies with known fossil fuel reserves. SPYX was launched on Nov 30, 2015 and is managed by State Street.