SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Stock Short Interest Falls 45.5%

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 8,203 shares, a decrease of 45.5% from the September 15th total of 15,042 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 3,416 shares, the days-to-cover ratio is presently 2.4 days.

SPDR MSCI Emerging Markets StrategicFactors ETF Trading Down 0.5%

QEMM stock traded down $0.42 during midday trading on Thursday, reaching $78.67. The company had a trading volume of 24,939 shares, compared to its average volume of 3,551. SPDR MSCI Emerging Markets StrategicFactors ETF has a 1 year low of $63.92 and a 1 year high of $83.21. The company has a market capitalization of $59.00 million, a P/E ratio of 14.30 and a beta of 0.63. The company has a 50 day moving average of $81.26 and a two-hundred day moving average of $78.85.

Hedge Funds Weigh In On SPDR MSCI Emerging Markets StrategicFactors ETF

A number of hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the second quarter worth $27,000. Premier Path Wealth Partners LLC grew its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 12.8% in the second quarter. Premier Path Wealth Partners LLC now owns 44,797 shares of the company’s stock valued at $3,580,000 after purchasing an additional 5,084 shares in the last quarter. Capital Advisors Ltd. LLC grew its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 52.8% in the first quarter. Capital Advisors Ltd. LLC now owns 11,862 shares of the company’s stock valued at $823,000 after purchasing an additional 4,101 shares in the last quarter. Finally, Virtu Financial LLC grew its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 29.2% in the fourth quarter. Virtu Financial LLC now owns 17,783 shares of the company’s stock valued at $1,176,000 after purchasing an additional 4,023 shares in the last quarter.

SPDR MSCI Emerging Markets StrategicFactors ETF Company Profile

The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that is based on the MSCI EM Factor Mix A-Series (USD) index. The fund tracks an index of emerging-market securities equally-weighted between 3 sub-indexes that focus on value, minimum volatility and quality. QEMM was launched on Jun 4, 2014 and is managed by State Street.