SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Sees Large Increase in Short Interest

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMFGet Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 168,631 shares, a growth of 999.3% from the May 31st total of 15,340 shares. Based on an average trading volume of 20,300 shares, the short-interest ratio is presently 8.3 days. Approximately 6.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR S&P Emerging Asia Pacific ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC raised its holdings in shares of SPDR S&P Emerging Asia Pacific ETF by 356.6% during the 2nd quarter. Jane Street Group LLC now owns 10,630 shares of the company’s stock valued at $1,344,000 after buying an additional 8,302 shares in the last quarter. Bank of America Corp DE boosted its stake in SPDR S&P Emerging Asia Pacific ETF by 10.0% in the second quarter. Bank of America Corp DE now owns 7,170 shares of the company’s stock worth $906,000 after buying an additional 654 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in SPDR S&P Emerging Asia Pacific ETF in the second quarter worth approximately $316,000. Osaic Holdings Inc. grew its position in SPDR S&P Emerging Asia Pacific ETF by 20.6% during the second quarter. Osaic Holdings Inc. now owns 744 shares of the company’s stock valued at $94,000 after acquiring an additional 127 shares during the last quarter. Finally, Private Advisor Group LLC bought a new position in SPDR S&P Emerging Asia Pacific ETF during the third quarter valued at approximately $209,000. 47.59% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Emerging Asia Pacific ETF Stock Down 0.8%

NYSEARCA:GMF traded down $1.27 during midday trading on Friday, hitting $152.64. The company had a trading volume of 6,652 shares, compared to its average volume of 9,927. The company has a market capitalization of $396.86 million, a PE ratio of 16.88 and a beta of 0.59. SPDR S&P Emerging Asia Pacific ETF has a 52-week low of $125.81 and a 52-week high of $161.39. The stock’s fifty day moving average price is $153.25 and its 200-day moving average price is $146.00.

SPDR S&P Emerging Asia Pacific ETF Company Profile

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