SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Short Interest Update

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 3,016 shares, a drop of 84.4% from the July 30th total of 19,273 shares. Based on an average daily volume of 12,452 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

SPDR S&P Emerging Asia Pacific ETF Stock Up 0.6%

NYSEARCA GMF traded up $1.00 during trading hours on Thursday, reaching $157.38. The company’s stock had a trading volume of 2,570 shares, compared to its average volume of 9,539. The firm’s 50-day moving average price is $154.33 and its 200-day moving average price is $149.70. SPDR S&P Emerging Asia Pacific ETF has a 1 year low of $129.99 and a 1 year high of $161.39. The company has a market capitalization of $440.66 million, a price-to-earnings ratio of 16.88 and a beta of 0.59.

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

Several hedge funds have recently modified their holdings of GMF. Kohmann Bosshard Financial Services LLC purchased a new position in SPDR S&P Emerging Asia Pacific ETF during the fourth quarter valued at $34,000. National Bank of Canada FI lifted its stake in SPDR S&P Emerging Asia Pacific ETF by 524.7% in the 3rd quarter. National Bank of Canada FI now owns 531 shares of the company’s stock worth $74,000 after purchasing an additional 446 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of SPDR S&P Emerging Asia Pacific ETF by 20.6% during the 2nd quarter. Osaic Holdings Inc. now owns 744 shares of the company’s stock valued at $94,000 after purchasing an additional 127 shares during the last quarter. Corient Private Wealth LP purchased a new position in shares of SPDR S&P Emerging Asia Pacific ETF during the second quarter valued at about $202,000. Finally, Clifford Swan Investment Counsel LLC purchased a new position in shares of SPDR S&P Emerging Asia Pacific ETF during the second quarter valued at about $214,000. Hedge funds and other institutional investors own 47.59% of the company’s stock.

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