SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Sees Large Increase in Short Interest

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 168,631 shares, a growth of 999.3% from the May 31st total of 15,340 shares. Approximately 6.5% of the shares of the stock are sold short. Based on an average trading volume of 20,300 shares, the days-to-cover ratio is presently 8.3 days.

Institutional Trading of SPDR S&P Emerging Asia Pacific ETF

Large investors have recently made changes to their positions in the business. Rainey & Randall Wealth Advisors Inc. lifted its holdings in shares of SPDR S&P Emerging Asia Pacific ETF by 2.1% in the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 180,507 shares of the company’s stock valued at $25,049,000 after acquiring an additional 3,719 shares during the last quarter. Vontobel Holding Ltd. increased its stake in SPDR S&P Emerging Asia Pacific ETF by 2.0% during the fourth quarter. Vontobel Holding Ltd. now owns 314,686 shares of the company’s stock worth $43,669,000 after acquiring an additional 6,057 shares during the last quarter. Northbridge Financial Group LLC purchased a new stake in SPDR S&P Emerging Asia Pacific ETF during the fourth quarter valued at approximately $1,145,000. K2 Financial Inc. raised its position in SPDR S&P Emerging Asia Pacific ETF by 10.7% during the fourth quarter. K2 Financial Inc. now owns 3,364 shares of the company’s stock valued at $479,000 after purchasing an additional 326 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its stake in shares of SPDR S&P Emerging Asia Pacific ETF by 25.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 2,811 shares of the company’s stock valued at $390,000 after purchasing an additional 568 shares during the last quarter. 47.59% of the stock is currently owned by institutional investors.

SPDR S&P Emerging Asia Pacific ETF Stock Performance

Shares of GMF opened at $153.91 on Friday. The company’s fifty day moving average is $153.12 and its 200 day moving average is $145.96. SPDR S&P Emerging Asia Pacific ETF has a fifty-two week low of $125.81 and a fifty-two week high of $161.39. The stock has a market capitalization of $400.17 million, a PE ratio of 16.88 and a beta of 0.59.

SPDR S&P Emerging Asia Pacific ETF Company Profile