Short Interest in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Rises By 35.2%

by · The Markets Daily

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ – Get Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 3,473,372 shares, a growth of 35.2% from the November 30th total of 2,569,149 shares. Based on an average trading volume of 1,216,214 shares, the days-to-cover ratio is currently 2.9 days. Approximately 4.6% of the shares of the company are short sold. Approximately 4.6% of the shares of the company are short sold. Based on an average trading volume of 1,216,214 shares, the days-to-cover ratio is currently 2.9 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hollencrest Capital Management boosted its stake in shares of SPDR EURO STOXX 50 ETF by 0.6% during the 3rd quarter. Hollencrest Capital Management now owns 26,773 shares of the exchange traded fund’s stock worth $1,663,000 after acquiring an additional 165 shares in the last quarter. Milestone Asset Management Group LLC raised its holdings in SPDR EURO STOXX 50 ETF by 1.6% in the 2nd quarter. Milestone Asset Management Group LLC now owns 12,631 shares of the exchange traded fund’s stock worth $754,000 after purchasing an additional 198 shares during the period. MGB Wealth Management LLC boosted its position in SPDR EURO STOXX 50 ETF by 49.4% during the third quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 201 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR EURO STOXX 50 ETF by 1.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 21,130 shares of the exchange traded fund’s stock valued at $1,319,000 after purchasing an additional 222 shares during the period. Finally, Fifth Third Securities Inc. grew its holdings in SPDR EURO STOXX 50 ETF by 5.1% in the third quarter. Fifth Third Securities Inc. now owns 4,674 shares of the exchange traded fund’s stock valued at $290,000 after purchasing an additional 226 shares during the period.

SPDR EURO STOXX 50 ETF Stock Up 0.6%

Shares of NYSEARCA FEZ traded up $0.41 during midday trading on Tuesday, reaching $64.73. 1,232,732 shares of the stock were exchanged, compared to its average volume of 1,903,921. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of 16.43 and a beta of 1.06. SPDR EURO STOXX 50 ETF has a twelve month low of $47.63 and a twelve month high of $65.06. The firm has a 50-day simple moving average of $63.27 and a two-hundred day simple moving average of $61.36.

About SPDR EURO STOXX 50 ETF

(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.

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