SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Short Interest Down 22.3% in February

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 7,849 shares, a drop of 22.3% from the January 29th total of 10,096 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 2.9 days. Currently, 1.3% of the shares of the company are sold short. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 2.9 days.

Institutional Investors Weigh In On SPDR MSCI Emerging Markets StrategicFactors ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QEMM. Jane Street Group LLC lifted its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 145.2% during the first quarter. Jane Street Group LLC now owns 23,599 shares of the company’s stock valued at $1,361,000 after purchasing an additional 13,973 shares during the last quarter. Sebold Capital Management Inc. bought a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF in the second quarter valued at approximately $369,000. Climber Capital SA purchased a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the 2nd quarter valued at approximately $280,000. Raymond James Financial Inc. bought a new position in SPDR MSCI Emerging Markets StrategicFactors ETF in the 2nd quarter worth approximately $28,000. Finally, Bank of America Corp DE grew its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 5.2% in the 2nd quarter. Bank of America Corp DE now owns 5,377 shares of the company’s stock valued at $339,000 after buying an additional 268 shares in the last quarter.

SPDR MSCI Emerging Markets StrategicFactors ETF Stock Up 1.7%

SPDR MSCI Emerging Markets StrategicFactors ETF stock traded up $1.17 during trading on Wednesday, hitting $70.99. The stock had a trading volume of 1,997 shares, compared to its average volume of 2,762. The stock’s 50 day moving average is $70.53 and its two-hundred day moving average is $67.76. SPDR MSCI Emerging Markets StrategicFactors ETF has a 1 year low of $51.72 and a 1 year high of $75.44. The stock has a market cap of $44.01 million, a price-to-earnings ratio of 14.30 and a beta of 0.57.

About SPDR MSCI Emerging Markets StrategicFactors ETF

The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that is based on the MSCI EM Factor Mix A-Series (USD) index. The fund tracks an index of emerging-market securities equally-weighted between 3 sub-indexes that focus on value, minimum volatility and quality. QEMM was launched on Jun 4, 2014 and is managed by State Street.