SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stock Short Interest Report for October

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,706,924 shares, a growth of 124.6% from the September 30th total of 759,848 shares. Based on an average daily volume of 1,912,463 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF

Hedge funds have recently modified their holdings of the company. Wrenne Financial Planning LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.9% in the 3rd quarter. Wrenne Financial Planning LLC now owns 116,743 shares of the company’s stock worth $6,043,000 after buying an additional 2,198 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.3% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 9,915 shares of the company’s stock worth $492,000 after purchasing an additional 503 shares during the period. Covestor Ltd bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $76,000. Sound Financial Strategies Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth about $1,274,000. Finally, Ascent Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $1,832,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.9%

SPEM stock opened at $48.47 on Friday. The company has a market cap of $16.12 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The business’s fifty day moving average is $51.83 and its 200-day moving average is $50.72.

About SPDR Portfolio Emerging Markets ETF

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.