Short Interest in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Drops By 20.2%

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 10,096 shares, a decline of 20.2% from the January 15th total of 12,656 shares. Based on an average trading volume of 1,783 shares, the short-interest ratio is currently 5.7 days. Approximately 1.6% of the company’s stock are sold short. Approximately 1.6% of the company’s stock are sold short. Based on an average trading volume of 1,783 shares, the short-interest ratio is currently 5.7 days.

SPDR MSCI Emerging Markets StrategicFactors ETF Trading Up 0.5%

NYSEARCA:QEMM traded up $0.33 during trading hours on Friday, hitting $72.78. The company’s stock had a trading volume of 1,943 shares, compared to its average volume of 2,975. The stock has a market capitalization of $45.12 million, a P/E ratio of 14.30 and a beta of 0.57. The stock has a fifty day moving average of $68.49 and a 200-day moving average of $66.90. SPDR MSCI Emerging Markets StrategicFactors ETF has a 52-week low of $51.72 and a 52-week high of $73.89.

Hedge Funds Weigh In On SPDR MSCI Emerging Markets StrategicFactors ETF

Hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 266.4% during the 4th quarter. Jane Street Group LLC now owns 12,611 shares of the company’s stock worth $834,000 after purchasing an additional 9,169 shares during the period. LPL Financial LLC increased its position in SPDR MSCI Emerging Markets StrategicFactors ETF by 6.0% in the 4th quarter. LPL Financial LLC now owns 124,313 shares of the company’s stock valued at $8,223,000 after acquiring an additional 7,066 shares during the period. O Shaughnessy Asset Management LLC raised its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 37.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,224 shares of the company’s stock valued at $147,000 after acquiring an additional 603 shares during the last quarter. Cabot Wealth Management Inc. lifted its position in SPDR MSCI Emerging Markets StrategicFactors ETF by 10.7% during the 4th quarter. Cabot Wealth Management Inc. now owns 35,075 shares of the company’s stock worth $2,320,000 after acquiring an additional 3,397 shares during the period. Finally, Susquehanna International Group LLP purchased a new position in SPDR MSCI Emerging Markets StrategicFactors ETF during the 3rd quarter worth $242,000.

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.