SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Significant Increase in Short Interest

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 46,202 shares, an increase of 240.6% from the May 31st total of 13,564 shares. Based on an average daily volume of 37,044 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in QEFA. Ameriprise Financial Inc. lifted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,055,283 shares of the company’s stock valued at $92,641,000 after buying an additional 90,449 shares during the period. LPL Financial LLC raised its position in SPDR MSCI EAFE StrategicFactors ETF by 7.7% in the fourth quarter. LPL Financial LLC now owns 1,264,638 shares of the company’s stock worth $114,665,000 after acquiring an additional 90,149 shares in the last quarter. Palladiem LLC purchased a new position in SPDR MSCI EAFE StrategicFactors ETF in the fourth quarter worth $6,631,000. Flow Traders U.S. LLC lifted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 135.6% in the third quarter. Flow Traders U.S. LLC now owns 111,571 shares of the company’s stock valued at $9,808,000 after acquiring an additional 64,220 shares during the period. Finally, Moneta Group Investment Advisors LLC acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF in the third quarter valued at $5,640,000.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

Shares of SPDR MSCI EAFE StrategicFactors ETF stock opened at $95.17 on Friday. SPDR MSCI EAFE StrategicFactors ETF has a one year low of $82.58 and a one year high of $100.17. The firm has a fifty day moving average of $96.49 and a two-hundred day moving average of $94.90. The company has a market cap of $1.06 billion, a P/E ratio of 15.98 and a beta of 0.68.

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.