SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Sees Significant Increase in Short Interest

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 45,378 shares, an increase of 38.2% from the December 31st total of 32,826 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 68,092 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 68,092 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are short sold.

SPDR Portfolio Europe ETF Price Performance

SPEU traded down $0.55 during trading on Friday, hitting $54.48. The stock had a trading volume of 52,090 shares, compared to its average volume of 67,554. The company has a 50 day moving average price of $52.39 and a 200-day moving average price of $50.49. SPDR Portfolio Europe ETF has a one year low of $38.99 and a one year high of $55.53. The firm has a market cap of $768.17 million, a price-to-earnings ratio of 16.86 and a beta of 0.94.

Institutional Investors Weigh In On SPDR Portfolio Europe ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC boosted its stake in shares of SPDR Portfolio Europe ETF by 9.8% in the fourth quarter. CWM LLC now owns 2,433,270 shares of the company’s stock valued at $126,846,000 after buying an additional 217,888 shares during the period. Jane Street Group LLC raised its holdings in SPDR Portfolio Europe ETF by 389.5% in the 2nd quarter. Jane Street Group LLC now owns 831,260 shares of the company’s stock valued at $40,283,000 after acquiring an additional 661,443 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of SPDR Portfolio Europe ETF by 16.3% during the 2nd quarter. Osaic Holdings Inc. now owns 400,941 shares of the company’s stock valued at $19,181,000 after acquiring an additional 56,113 shares during the period. Jacobi Capital Management LLC increased its holdings in SPDR Portfolio Europe ETF by 0.5% in the 3rd quarter. Jacobi Capital Management LLC now owns 240,711 shares of the company’s stock valued at $11,990,000 after buying an additional 1,227 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC lifted its position in shares of SPDR Portfolio Europe ETF by 0.5% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 204,188 shares of the company’s stock worth $10,171,000 after buying an additional 1,064 shares during the last quarter.

SPDR Portfolio Europe ETF Company Profile

The SPDR Portfolio Europe ETF (SPEU) is an exchange-traded fund that is based on the STOXX Europe TMI index, a market-cap-weighted index of Western European companies across the market-cap spectrum. SPEU was launched on Oct 15, 2002 and is managed by State Street.