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

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Y.D. More Investments Ltd raised its holdings in shares of SPDR EURO STOXX 50 ETF by 200.0% during the third quarter. Y.D. More Investments Ltd now owns 600 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 400 shares during the period. MGB Wealth Management LLC grew its position in SPDR EURO STOXX 50 ETF by 49.4% during the 3rd quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 201 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR EURO STOXX 50 ETF during the 4th quarter valued at $51,000. Harbour Investments Inc. raised its stake in SPDR EURO STOXX 50 ETF by 84.9% during the 2nd quarter. Harbour Investments Inc. now owns 871 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 400 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 224.1% in the second quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 605 shares in the last quarter.

SPDR EURO STOXX 50 ETF Stock Down 0.4%

Shares of NYSEARCA FEZ opened at $67.08 on Wednesday. SPDR EURO STOXX 50 ETF has a 12 month low of $47.63 and a 12 month high of $68.55. The company has a market cap of $5.36 billion, a price-to-earnings ratio of 16.43 and a beta of 1.06. The business has a fifty day simple moving average of $65.22 and a 200-day simple moving average of $62.58.

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.