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

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,317,759 shares, a drop of 40.2% from the May 31st total of 3,872,989 shares. Based on an average trading volume of 1,307,486 shares, the short-interest ratio is presently 1.8 days. Currently, 3.4% of the shares of the company are short sold.

SPDR EURO STOXX 50 ETF Stock Down 1.1%

NYSEARCA:FEZ traded down $0.78 during trading hours on Wednesday, hitting $67.90. 710,988 shares of the stock traded hands, compared to its average volume of 2,212,250. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 16.43 and a beta of 0.94. SPDR EURO STOXX 50 ETF has a 1 year low of $56.72 and a 1 year high of $70.52. The stock has a 50 day moving average price of $67.28 and a 200 day moving average price of $66.02.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FEZ. Blair William & Co. IL grew its holdings in SPDR EURO STOXX 50 ETF by 9.7% during the 4th quarter. Blair William & Co. IL now owns 1,755 shares of the exchange traded fund’s stock valued at $113,000 after buying an additional 155 shares in the last quarter. Retirement Planning Group LLC increased its stake in SPDR EURO STOXX 50 ETF by 0.7% in the 1st quarter. Retirement Planning Group LLC now owns 26,060 shares of the exchange traded fund’s stock worth $1,618,000 after acquiring an additional 190 shares during the last quarter. Tandem Capital Management Corp ADV raised its holdings in shares of SPDR EURO STOXX 50 ETF by 6.0% during the 4th quarter. Tandem Capital Management Corp ADV now owns 3,875 shares of the exchange traded fund’s stock worth $250,000 after acquiring an additional 220 shares in the last quarter. Prospera Financial Services Inc raised its holdings in shares of SPDR EURO STOXX 50 ETF by 1.6% during the 4th quarter. Prospera Financial Services Inc now owns 14,485 shares of the exchange traded fund’s stock worth $933,000 after acquiring an additional 233 shares in the last quarter. Finally, Cypress Wealth Services LLC boosted its position in shares of SPDR EURO STOXX 50 ETF by 5.1% during the 4th quarter. Cypress Wealth Services LLC now owns 5,137 shares of the exchange traded fund’s stock valued at $331,000 after acquiring an additional 249 shares during the last quarter.

About SPDR EURO STOXX 50 ETF

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.