SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Up 380.6% in July

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 20,367 shares, an increase of 380.6% from the June 30th total of 4,238 shares. Based on an average trading volume of 119,838 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

SPDR S&P Emerging Markets Dividend ETF Stock Up 0.4%

NYSEARCA:EDIV traded up $0.15 during trading hours on Friday, hitting $41.54. 97,705 shares of the stock traded hands, compared to its average volume of 170,099. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $37.81 and a 1 year high of $43.49. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48. The stock has a 50 day moving average price of $41.39 and a 200 day moving average price of $41.05.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Jane Street Group LLC increased its stake in SPDR S&P Emerging Markets Dividend ETF by 1,501.9% in the 1st quarter. Jane Street Group LLC now owns 95,043 shares of the company’s stock worth $3,393,000 after buying an additional 89,110 shares in the last quarter. Creative Planning lifted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 9.2% in the second quarter. Creative Planning now owns 8,287 shares of the company’s stock valued at $316,000 after acquiring an additional 700 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 81.1% in the second quarter. Ameriprise Financial Inc. now owns 85,521 shares of the company’s stock worth $3,254,000 after acquiring an additional 38,298 shares during the period. Bank of America Corp DE grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 97.9% during the second quarter. Bank of America Corp DE now owns 589,465 shares of the company’s stock worth $22,470,000 after purchasing an additional 291,639 shares in the last quarter. Finally, MML Investors Services LLC grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 78.6% during the second quarter. MML Investors Services LLC now owns 109,242 shares of the company’s stock worth $4,164,000 after purchasing an additional 48,061 shares in the last quarter.

About SPDR S&P Emerging Markets Dividend ETF

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.