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

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) saw a large increase in short interest during 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. Based on an average daily volume of 2,188,816 shares, the short-interest ratio is presently 1.6 days. Approximately 4.3% of the shares of the stock are sold short. Approximately 4.3% of the shares of the stock are sold short. Based on an average daily volume of 2,188,816 shares, the short-interest ratio is presently 1.6 days.

SPDR EURO STOXX 50 ETF Price Performance

Shares of FEZ stock traded down $0.23 on Tuesday, hitting $67.15. 279,368 shares of the company’s stock were exchanged, compared to its average volume of 2,244,923. The company has a 50 day moving average of $65.12 and a 200 day moving average of $62.52. The stock has a market cap of $5.37 billion, a P/E ratio of 16.43 and a beta of 1.06. SPDR EURO STOXX 50 ETF has a 12 month low of $47.63 and a 12 month high of $68.55.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

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

SPDR EURO STOXX 50 ETF Company Profile

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.