SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Short Interest Down 16.3% in February

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 44,853 shares, a decrease of 16.3% from the February 12th total of 53,610 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily volume of 6,525 shares, the days-to-cover ratio is presently 6.9 days. Based on an average daily volume of 6,525 shares, the days-to-cover ratio is presently 6.9 days. Approximately 1.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in GMF. Empowered Funds LLC acquired a new stake in SPDR S&P Emerging Asia Pacific ETF in the 4th quarter valued at $278,000. Equitable Holdings Inc. raised its position in SPDR S&P Emerging Asia Pacific ETF by 3.4% during the fourth quarter. Equitable Holdings Inc. now owns 21,446 shares of the company’s stock worth $2,976,000 after acquiring an additional 710 shares during the period. Vontobel Holding Ltd. raised its position in SPDR S&P Emerging Asia Pacific ETF by 2.0% during the fourth quarter. Vontobel Holding Ltd. now owns 314,686 shares of the company’s stock worth $43,669,000 after acquiring an additional 6,057 shares during the period. Wells Fargo & Company MN lifted its holdings in SPDR S&P Emerging Asia Pacific ETF by 5.2% during the fourth quarter. Wells Fargo & Company MN now owns 73,805 shares of the company’s stock valued at $10,242,000 after purchasing an additional 3,663 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in SPDR S&P Emerging Asia Pacific ETF by 4.1% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 63,543 shares of the company’s stock valued at $8,818,000 after purchasing an additional 2,493 shares in the last quarter. Hedge funds and other institutional investors own 47.59% of the company’s stock.

SPDR S&P Emerging Asia Pacific ETF Price Performance

GMF stock traded up $0.28 during mid-day trading on Tuesday, reaching $141.40. 26,670 shares of the company’s stock were exchanged, compared to its average volume of 12,010. SPDR S&P Emerging Asia Pacific ETF has a 12-month low of $100.11 and a 12-month high of $151.54. The stock’s 50 day moving average is $144.94 and its 200 day moving average is $140.98. The company has a market cap of $381.78 million, a price-to-earnings ratio of 16.88 and a beta of 0.49.

SPDR S&P Emerging Asia Pacific ETF Company Profile