SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) Sees Large Growth in Short Interest

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 13,092 shares, an increase of 72.5% from the July 30th total of 7,589 shares. Based on an average daily volume of 18,804 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF

An institutional investor recently bought a new position in SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF stock. Bradley Foster & Sargent Inc. CT acquired a new stake in SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,547 shares of the company’s stock, valued at approximately $279,000. Bradley Foster & Sargent Inc. CT owned 0.31% of SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF at the end of the most recent quarter.

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Stock Up 0.3%

EEMX traded up $0.17 during trading on Monday, reaching $53.20. 1,063 shares of the company were exchanged, compared to its average volume of 15,999. SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF has a 12-month low of $38.66 and a 12-month high of $56.38. The company’s 50-day moving average is $52.01 and its two-hundred day moving average is $50.08. The company has a market cap of $180.88 million, a price-to-earnings ratio of 14.51 and a beta of 0.74.

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Company Profile

The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (EEMX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a subset of the MSCI Emerging Markets Index that excludes companies that own fossil fuel reserves. EEMX was launched on Oct 24, 2016 and is managed by State Street.