SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) Short Interest Update

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 6,699 shares, a drop of 48.8% from the August 15th total of 13,092 shares. Based on an average daily trading volume, of 3,942 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF

A hedge fund recently bought a new stake in SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF stock. Sankala Group LLC purchased a new stake in shares of SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,896 shares of the company’s stock, valued at approximately $209,000. Sankala Group LLC owned about 0.23% of SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF at the end of the most recent reporting period.

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Trading Up 0.0%

Shares of SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF stock traded up $0.01 during trading on Wednesday, reaching $51.93. The company’s stock had a trading volume of 1,749 shares, compared to its average volume of 15,161. The stock has a 50-day moving average price of $52.03 and a two-hundred day moving average price of $50.55. The stock has a market capitalization of $156.31 million, a P/E ratio of 14.51 and a beta of 0.74. SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF has a one year low of $40.68 and a one year high of $56.38.

About SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF

The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (EEMX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a subset of the MSCI Emerging Markets Index that excludes companies that own fossil fuel reserves. EEMX was launched on Oct 24, 2016 and is managed by State Street.