SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Short Interest Update

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 5,362,024 shares, a growth of 32.4% from the January 15th total of 4,049,784 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average daily volume of 3,379,497 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 3,379,497 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.6% of the company’s stock are short sold.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $50.26 on Monday. The firm’s fifty day moving average price is $48.30 and its two-hundred day moving average price is $46.90. The company has a market capitalization of $16.79 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $51.05.

Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF

Large investors have recently made changes to their positions in the business. Paces Ferry Wealth Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% during the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after buying an additional 200 shares during the last quarter. Mascagni Wealth Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 4.8% in the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after acquiring an additional 207 shares during the last quarter. River Street Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after acquiring an additional 209 shares during the period. Ritholtz Wealth Management grew its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock valued at $907,000 after acquiring an additional 210 shares during the period. Finally, Kraft Davis & Associates LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after purchasing an additional 213 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Company Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.