SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sees Significant Drop in Short Interest

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZGet Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 2,317,759 shares, a decrease of 40.2% from the May 31st total of 3,872,989 shares. Currently, 3.4% of the company’s stock are sold short. Based on an average daily volume of 1,307,486 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Trading of SPDR EURO STOXX 50 ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in shares of SPDR EURO STOXX 50 ETF by 39.1% in the 1st quarter. NewEdge Advisors LLC now owns 5,906 shares of the exchange traded fund’s stock worth $321,000 after acquiring an additional 1,659 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of SPDR EURO STOXX 50 ETF during the 1st quarter valued at approximately $3,006,000. Franklin Resources Inc. lifted its stake in SPDR EURO STOXX 50 ETF by 224.1% during the second quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 605 shares during the last quarter. Hsbc Holdings PLC lifted its stake in SPDR EURO STOXX 50 ETF by 43.4% during the second quarter. Hsbc Holdings PLC now owns 6,802 shares of the exchange traded fund’s stock worth $406,000 after purchasing an additional 2,060 shares during the last quarter. Finally, Amundi boosted its holdings in SPDR EURO STOXX 50 ETF by 54.2% in the second quarter. Amundi now owns 120,470 shares of the exchange traded fund’s stock worth $7,232,000 after purchasing an additional 42,322 shares during the period.

SPDR EURO STOXX 50 ETF Price Performance

Shares of FEZ stock remained flat at $68.99 during trading hours on Friday. 906,564 shares of the stock traded hands, compared to its average volume of 2,201,804. SPDR EURO STOXX 50 ETF has a twelve month low of $56.72 and a twelve month high of $70.52. The firm has a 50 day moving average price of $67.34 and a 200-day moving average price of $66.06. The company has a market cap of $4.37 billion, a PE ratio of 16.43 and a beta of 0.94.

SPDR EURO STOXX 50 ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for SPDR EURO STOXX 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR EURO STOXX 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.