SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Sees Large Growth in Short Interest

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 4,049,784 shares, an increase of 387.0% from the December 31st total of 831,579 shares. Based on an average daily volume of 3,238,410 shares, the short-interest ratio is currently 1.3 days. Currently, 1.2% of the shares of the company are short sold. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 3,238,410 shares, the short-interest ratio is currently 1.3 days.

SPDR Portfolio Emerging Markets ETF Stock Up 1.3%

SPDR Portfolio Emerging Markets ETF stock opened at $50.24 on Wednesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $50.27. The company’s 50-day moving average price is $47.47 and its two-hundred day moving average price is $46.32. The stock has a market cap of $16.64 billion, a P/E ratio of 15.39 and a beta of 0.56.

Institutional Trading of SPDR Portfolio Emerging Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. River Street Advisors LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after purchasing an additional 209 shares in the last quarter. Ritholtz Wealth Management lifted its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock valued at $907,000 after buying an additional 210 shares in the last quarter. Kraft Davis & Associates LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after buying an additional 213 shares during the period. Captrust Financial Advisors increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the third quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock worth $1,531,000 after acquiring an additional 222 shares in the last quarter. Finally, Verus Capital Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.3% in the 2nd quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock valued at $787,000 after acquiring an additional 235 shares during the period.

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.