Short Interest in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Decreases By 22.0%

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 23,151 shares, a decline of 22.0% from the February 26th total of 29,672 shares. Based on an average daily trading volume, of 38,377 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. CX Institutional boosted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 43.6% during the 3rd quarter. CX Institutional now owns 201,108 shares of the company’s stock worth $17,679,000 after purchasing an additional 61,066 shares during the last quarter. Encompass More Asset Management acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the third quarter valued at approximately $1,220,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the second quarter valued at approximately $1,001,000. Osaic Holdings Inc. lifted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 22.2% during the second quarter. Osaic Holdings Inc. now owns 34,717 shares of the company’s stock valued at $2,968,000 after buying an additional 6,313 shares during the period. Finally, Flow Traders U.S. LLC purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the second quarter valued at approximately $4,041,000.

SPDR MSCI EAFE StrategicFactors ETF Stock Down 0.6%

Shares of SPDR MSCI EAFE StrategicFactors ETF stock opened at $90.48 on Friday. The company has a 50 day moving average of $95.45 and a 200 day moving average of $91.41. The company has a market capitalization of $990.76 million, a P/E ratio of 15.98 and a beta of 0.76. SPDR MSCI EAFE StrategicFactors ETF has a 52-week low of $70.97 and a 52-week high of $100.17.

About SPDR MSCI EAFE StrategicFactors ETF

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) is an exchange-traded fund that is based on the MSCI EAFE Factor Mix A-Series (USD) index. The fund tracks an index of securities from developed markets in Europe, Australia and the Far East. The index equal-weights 3 subindexes: value, minimum volatility and quality. QEFA was launched on Jun 4, 2014 and is managed by State Street.