Short Interest in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Expands By 32.9%

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) was the recipient of a significant growth in short interest during the month of August. As of August 15th, there was short interest totaling 77,600 shares, a growth of 32.9% from the July 31st total of 58,400 shares. Based on an average daily volume of 74,500 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 74,500 shares, the short-interest ratio is currently 1.0 days.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Up 0.2%

SPYX opened at $53.66 on Thursday. The firm has a 50 day moving average price of $52.31 and a 200-day moving average price of $48.79. SPDR S&P Fossil Fuel Reserves Free ETF has a twelve month low of $39.59 and a twelve month high of $53.88. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 26.26 and a beta of 0.99.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPYX. Harbor Asset Planning Inc. bought a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter valued at $27,000. Farther Finance Advisors LLC grew its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 85.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 627 shares of the company’s stock valued at $32,000 after acquiring an additional 288 shares during the period. NBC Securities Inc. bought a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 1st quarter valued at $43,000. Hantz Financial Services Inc. bought a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter valued at $55,000. Finally, Proffitt & Goodson Inc. grew its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 48.9% during the 1st quarter. Proffitt & Goodson Inc. now owns 1,766 shares of the company’s stock valued at $81,000 after acquiring an additional 580 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Company Profile

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.