Short Interest in SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Declines By 22.3%

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 7,849 shares, a decrease of 22.3% from the January 29th total of 10,096 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 2.9 days. Currently, 1.3% of the shares of the stock are short sold. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 2.9 days.

SPDR MSCI Emerging Markets StrategicFactors ETF Trading Down 1.8%

Shares of QEMM stock opened at $73.30 on Monday. The firm has a market capitalization of $45.45 million, a price-to-earnings ratio of 14.30 and a beta of 0.57. The business’s 50-day moving average price is $70.20 and its 200-day moving average price is $67.63. SPDR MSCI Emerging Markets StrategicFactors ETF has a 12 month low of $51.72 and a 12 month high of $75.44.

Hedge Funds Weigh In On SPDR MSCI Emerging Markets StrategicFactors ETF

Several large investors have recently modified their holdings of QEMM. Jane Street Group LLC boosted its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 145.2% during the first quarter. Jane Street Group LLC now owns 23,599 shares of the company’s stock worth $1,361,000 after acquiring an additional 13,973 shares in the last quarter. LPL Financial LLC increased its stake in SPDR MSCI Emerging Markets StrategicFactors ETF by 6.0% in the fourth quarter. LPL Financial LLC now owns 124,313 shares of the company’s stock valued at $8,223,000 after purchasing an additional 7,066 shares in the last quarter. Sebold Capital Management Inc. acquired a new position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the second quarter valued at about $369,000. Climber Capital SA bought a new position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF during the 2nd quarter worth about $280,000. Finally, Virtu Financial LLC boosted its position in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 29.2% during the 4th quarter. Virtu Financial LLC now owns 17,783 shares of the company’s stock worth $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.