SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Stock Short Interest Jumps 14,979.6%

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 36,945 shares, an increase of 14,979.6% from the September 30th total of 245 shares. Based on an average daily volume of 7,804 shares, the days-to-cover ratio is currently 4.7 days. Approximately 1.4% of the shares of the stock are sold short.

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

A number of hedge funds have recently modified their holdings of GMF. Sowell Financial Services LLC grew its stake in shares of SPDR S&P Emerging Asia Pacific ETF by 100.0% in the 3rd quarter. Sowell Financial Services LLC now owns 14,678 shares of the company’s stock valued at $2,292,000 after buying an additional 7,339 shares during the period. Vontobel Holding Ltd. increased its holdings in shares of SPDR S&P Emerging Asia Pacific ETF by 1.2% during the 3rd quarter. Vontobel Holding Ltd. now owns 168,561 shares of the company’s stock worth $26,323,000 after buying an additional 2,058 shares during the last quarter. First Pacific Financial raised its position in shares of SPDR S&P Emerging Asia Pacific ETF by 0.7% during the 3rd quarter. First Pacific Financial now owns 180,859 shares of the company’s stock valued at $28,243,000 after buying an additional 1,297 shares during the period. Marquette Asset Management LLC purchased a new stake in shares of SPDR S&P Emerging Asia Pacific ETF during the 3rd quarter valued at approximately $109,000. Finally, Corient Private Wealth LP acquired a new position in SPDR S&P Emerging Asia Pacific ETF in the second quarter valued at approximately $202,000. Hedge funds and other institutional investors own 47.59% of the company’s stock.

SPDR S&P Emerging Asia Pacific ETF Trading Up 0.8%

NYSEARCA GMF traded up $1.20 on Monday, reaching $148.56. 27,789 shares of the company were exchanged, compared to its average volume of 9,310. The business’s fifty day moving average price is $155.81 and its 200 day moving average price is $153.72. The stock has a market capitalization of $386.26 million, a P/E ratio of 16.88 and a beta of 0.59. SPDR S&P Emerging Asia Pacific ETF has a fifty-two week low of $131.89 and a fifty-two week high of $161.39.

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