Short Interest in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Increases By 48.8%

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 12,656 shares, a growth of 48.8% from the December 31st total of 8,508 shares. Based on an average daily volume of 4,576 shares, the short-interest ratio is currently 2.8 days. Approximately 2.0% of the shares of the stock are short sold. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily volume of 4,576 shares, the short-interest ratio is currently 2.8 days.

Institutional Investors Weigh In On SPDR MSCI Emerging Markets StrategicFactors ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in SPDR MSCI Emerging Markets StrategicFactors ETF in the second quarter valued at about $28,000. Portland Financial Advisors Inc acquired a new position in SPDR MSCI Emerging Markets StrategicFactors ETF during the 3rd quarter valued at about $201,000. Sentinel Pension Advisors LLC acquired a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the 3rd quarter worth approximately $204,000. Susquehanna International Group LLP acquired a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the 3rd quarter worth approximately $242,000. Finally, Climber Capital SA bought a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the second quarter worth approximately $280,000.

SPDR MSCI Emerging Markets StrategicFactors ETF Price Performance

Shares of QEMM stock traded up $0.61 during trading hours on Monday, hitting $71.16. 3,986 shares of the company’s stock were exchanged, compared to its average volume of 3,171. SPDR MSCI Emerging Markets StrategicFactors ETF has a 52 week low of $51.72 and a 52 week high of $72.82. The stock has a market cap of $44.12 million, a price-to-earnings ratio of 14.30 and a beta of 0.57. The stock’s 50-day moving average is $67.23 and its 200-day moving average is $66.40.

SPDR MSCI Emerging Markets StrategicFactors ETF Company Profile

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.