Short Interest in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Rises By 22.9%

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 3,397,928 shares, an increase of 22.9% from the December 31st total of 2,764,852 shares. Approximately 4.3% of the company’s shares are short sold. Based on an average trading volume of 2,188,816 shares, the short-interest ratio is currently 1.6 days. Based on an average trading volume of 2,188,816 shares, the short-interest ratio is currently 1.6 days. Approximately 4.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Griffin Asset Management Inc. boosted its stake in shares of SPDR EURO STOXX 50 ETF by 19.3% in the second quarter. Griffin Asset Management Inc. now owns 9,709 shares of the exchange traded fund’s stock valued at $580,000 after purchasing an additional 1,568 shares during the period. Almanack Investment Partners LLC. increased its stake in SPDR EURO STOXX 50 ETF by 29.6% during the 2nd quarter. Almanack Investment Partners LLC. now owns 178,222 shares of the exchange traded fund’s stock worth $10,645,000 after buying an additional 40,728 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in SPDR EURO STOXX 50 ETF in the 3rd quarter worth $542,000. Concord Asset Management LLC VA purchased a new position in SPDR EURO STOXX 50 ETF in the 2nd quarter valued at about $2,494,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of SPDR EURO STOXX 50 ETF during the third quarter valued at about $1,394,000.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of FEZ stock opened at $66.86 on Thursday. SPDR EURO STOXX 50 ETF has a one year low of $47.63 and a one year high of $68.55. The company has a 50 day moving average price of $65.30 and a 200 day moving average price of $62.61. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 16.43 and a beta of 1.06.

About SPDR EURO STOXX 50 ETF

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.