Short Interest in SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Declines By 16.3%

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 44,853 shares, a drop of 16.3% from the February 12th total of 53,610 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average daily trading volume, of 6,525 shares, the short-interest ratio is currently 6.9 days. Based on an average daily trading volume, of 6,525 shares, the short-interest ratio is currently 6.9 days. Approximately 1.7% of the shares of the company are short sold.

SPDR S&P Emerging Asia Pacific ETF Stock Performance

SPDR S&P Emerging Asia Pacific ETF stock traded up $1.70 during mid-day trading on Monday, reaching $140.97. The company’s stock had a trading volume of 158,997 shares, compared to its average volume of 11,708. The firm’s fifty day moving average price is $144.98 and its two-hundred day moving average price is $140.92. SPDR S&P Emerging Asia Pacific ETF has a 12-month low of $100.11 and a 12-month high of $151.54. The company has a market capitalization of $380.62 million, a P/E ratio of 16.88 and a beta of 0.49.

Hedge Funds Weigh In On SPDR S&P Emerging Asia Pacific ETF

Several hedge funds have recently made changes to their positions in GMF. Creative Planning lifted its holdings in SPDR S&P Emerging Asia Pacific ETF by 12.5% during the 2nd quarter. Creative Planning now owns 7,257 shares of the company’s stock worth $917,000 after purchasing an additional 806 shares in the last quarter. Jane Street Group LLC grew its holdings in SPDR S&P Emerging Asia Pacific ETF by 356.6% during the 2nd quarter. Jane Street Group LLC now owns 10,630 shares of the company’s stock valued at $1,344,000 after buying an additional 8,302 shares in the last quarter. Bank of America Corp DE increased its position in shares of SPDR S&P Emerging Asia Pacific ETF by 10.0% during the second quarter. Bank of America Corp DE now owns 7,170 shares of the company’s stock valued at $906,000 after buying an additional 654 shares during the period. Corient Private Wealth LLC purchased a new stake in shares of SPDR S&P Emerging Asia Pacific ETF in the second quarter worth about $316,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of SPDR S&P Emerging Asia Pacific ETF by 20.6% in the second quarter. Osaic Holdings Inc. now owns 744 shares of the company’s stock worth $94,000 after buying an additional 127 shares in the last quarter. 47.59% of the stock is currently owned by hedge funds and other institutional investors.

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