SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Short Interest Down 39.7% in March
by Doug Wharley · The Cerbat GemSPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX – Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 23,478 shares, a decline of 39.7% from the March 15th total of 38,950 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 110,072 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF
A number of hedge funds have recently modified their holdings of SPYX. Corient Private Wealth LLC boosted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 72.9% during the 2nd quarter. Corient Private Wealth LLC now owns 25,833 shares of the company’s stock worth $1,316,000 after acquiring an additional 10,891 shares in the last quarter. Gould Asset Management LLC CA lifted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 5.5% during the 3rd quarter. Gould Asset Management LLC CA now owns 183,066 shares of the company’s stock worth $10,041,000 after purchasing an additional 9,487 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 244.6% in the third quarter. Axxcess Wealth Management LLC now owns 46,567 shares of the company’s stock worth $2,554,000 after acquiring an additional 33,054 shares during the last quarter. Endeavor Private Wealth Inc. purchased a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter worth $577,000. Finally, Tiff Advisory Services LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the 3rd quarter worth approximately $18,614,000.
SPDR S&P Fossil Fuel Reserves Free ETF Price Performance
Shares of SPYX traded up $0.74 during midday trading on Tuesday, reaching $56.82. 41,994 shares of the stock were exchanged, compared to its average volume of 150,313. SPDR S&P Fossil Fuel Reserves Free ETF has a twelve month low of $41.72 and a twelve month high of $57.34. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. The business’s 50-day moving average price is $55.09 and its 200 day moving average price is $55.65.
SPDR S&P Fossil Fuel Reserves Free ETF Company Profile
The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is an exchange-traded fund that is based on the S&P 500 Fossil Fuel Free index. The fund follows an S&P 500- based index excluding companies with known fossil fuel reserves. SPYX was launched on Nov 30, 2015 and is managed by State Street.