Short Interest in SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Decreases By 52.2%

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 87,700 shares, a decrease of 52.2% from the January 29th total of 183,526 shares. Based on an average daily volume of 80,546 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 80,546 shares, the days-to-cover ratio is presently 1.1 days.

SPDR Portfolio Europe ETF Trading Down 0.3%

Shares of SPEU traded down $0.16 during mid-day trading on Friday, reaching $56.14. 32,447 shares of the stock traded hands, compared to its average volume of 70,381. SPDR Portfolio Europe ETF has a 1 year low of $38.99 and a 1 year high of $56.46. The company has a market cap of $791.57 million, a price-to-earnings ratio of 16.86 and a beta of 0.94. The firm has a fifty day moving average price of $54.15 and a 200 day moving average price of $51.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SPEU. CWM LLC raised its holdings in shares of SPDR Portfolio Europe ETF by 9.8% during the fourth quarter. CWM LLC now owns 2,433,270 shares of the company’s stock valued at $126,846,000 after acquiring an additional 217,888 shares in the last quarter. Jane Street Group LLC boosted its position in shares of SPDR Portfolio Europe ETF by 389.5% during the second quarter. Jane Street Group LLC now owns 831,260 shares of the company’s stock valued at $40,283,000 after buying an additional 661,443 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of SPDR Portfolio Europe ETF by 35.1% in the fourth quarter. Osaic Holdings Inc. now owns 603,703 shares of the company’s stock worth $31,471,000 after acquiring an additional 156,737 shares during the period. Main Management ETF Advisors LLC boosted its stake in shares of SPDR Portfolio Europe ETF by 9.2% in the 4th quarter. Main Management ETF Advisors LLC now owns 403,872 shares of the company’s stock worth $21,054,000 after buying an additional 33,972 shares during the last quarter. Finally, LPL Financial LLC boosted its position in SPDR Portfolio Europe ETF by 2.6% in the fourth quarter. LPL Financial LLC now owns 363,730 shares of the company’s stock worth $18,961,000 after purchasing an additional 9,287 shares during the last quarter.

About SPDR Portfolio Europe ETF

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.