SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Shares Shorted: Short Interest Up 14,979.6% in October

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 36,945 shares, a growth of 14,979.6% from the September 30th total of 245 shares. Based on an average trading volume of 7,804 shares, the short-interest ratio is presently 4.7 days. Currently, 1.4% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR S&P Emerging Asia Pacific ETF

A number of institutional investors have recently made changes to their positions in the stock. Rainey & Randall Wealth Advisors Inc. increased its stake in shares of SPDR S&P Emerging Asia Pacific ETF by 0.9% in the 3rd quarter. Rainey & Randall Wealth Advisors Inc. now owns 190,791 shares of the company’s stock valued at $29,794,000 after acquiring an additional 1,763 shares during the last quarter. Sowell Financial Services LLC boosted its stake in SPDR S&P Emerging Asia Pacific ETF by 100.0% during the 3rd quarter. Sowell Financial Services LLC now owns 14,678 shares of the company’s stock worth $2,292,000 after acquiring an additional 7,339 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in SPDR S&P Emerging Asia Pacific ETF by 1.2% during the third quarter. Vontobel Holding Ltd. now owns 168,561 shares of the company’s stock valued at $26,323,000 after purchasing an additional 2,058 shares during the period. First Pacific Financial grew its holdings in SPDR S&P Emerging Asia Pacific ETF by 0.7% during the third quarter. First Pacific Financial now owns 180,859 shares of the company’s stock valued at $28,243,000 after purchasing an additional 1,297 shares during the period. Finally, Marquette Asset Management LLC acquired a new position in SPDR S&P Emerging Asia Pacific ETF during the third quarter valued at approximately $109,000. 47.59% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Emerging Asia Pacific ETF Price Performance

Shares of SPDR S&P Emerging Asia Pacific ETF stock traded up $1.40 on Tuesday, hitting $148.76. 162 shares of the company’s stock traded hands, compared to its average volume of 9,310. The firm’s 50-day moving average price is $155.60 and its two-hundred day moving average price is $150.36. The stock has a market capitalization of $386.77 million, a PE ratio of 16.88 and a beta of 0.59. SPDR S&P Emerging Asia Pacific ETF has a one year low of $131.89 and a one year high of $161.39.

SPDR S&P Emerging Asia Pacific ETF Company Profile