SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Shares Shorted: Short Interest Up 363.2% in October

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 33,959 shares, an increase of 363.2% from the October 15th total of 7,332 shares. Based on an average daily volume of 96,639 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR S&P 500 ESG ETF

A number of institutional investors have recently added to or reduced their stakes in EFIV. Tompkins Financial Corp purchased a new position in shares of SPDR S&P 500 ESG ETF in the 3rd quarter worth about $31,046,000. Koss Olinger Consulting LLC raised its position in SPDR S&P 500 ESG ETF by 0.9% in the first quarter. Koss Olinger Consulting LLC now owns 412,410 shares of the company’s stock worth $26,015,000 after acquiring an additional 3,563 shares during the period. Allworth Financial LP raised its position in SPDR S&P 500 ESG ETF by 1.4% in the third quarter. Allworth Financial LP now owns 228,018 shares of the company’s stock worth $16,629,000 after acquiring an additional 3,133 shares during the period. Principal Financial Group Inc. boosted its stake in SPDR S&P 500 ESG ETF by 20.8% in the first quarter. Principal Financial Group Inc. now owns 186,007 shares of the company’s stock valued at $11,733,000 after acquiring an additional 32,030 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new position in SPDR S&P 500 ESG ETF in the third quarter valued at about $7,883,000.

SPDR S&P 500 ESG ETF Stock Performance

SPDR S&P 500 ESG ETF stock traded up $0.97 during mid-day trading on Wednesday, reaching $72.22. The stock had a trading volume of 25,557 shares, compared to its average volume of 49,437. SPDR S&P 500 ESG ETF has a fifty-two week low of $61.10 and a fifty-two week high of $76.28. The stock’s 50-day simple moving average is $74.05 and its 200-day simple moving average is $70.91. The firm has a market capitalization of $1.03 billion, a PE ratio of 21.61 and a beta of 1.01.

About SPDR S&P 500 ESG ETF

The SPDR S&P 500 ESG ETF (EFIV) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund tracks a market-cap weighted index of S&P 500 stocks that are screened for sustainability criteria related to ESG factors. EFIV was launched on Jul 27, 2020 and is managed by State Street.