SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) Short Interest Down 37.6% in May

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 11,585 shares, a drop of 37.6% from the May 14th total of 18,572 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average daily volume of 5,844 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Investors Weigh In On SPDR MSCI Emerging Markets StrategicFactors ETF

A number of large investors have recently modified their holdings of the business. Capital Advisors Ltd. LLC boosted its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 52.8% in the 1st 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. Virtu Financial LLC boosted its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 29.2% in the 4th 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. Jane Street Group LLC boosted its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 266.4% in the 4th quarter. Jane Street Group LLC now owns 12,611 shares of the company’s stock valued at $834,000 after purchasing an additional 9,169 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of 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 purchasing an additional 7,066 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of SPDR MSCI Emerging Markets StrategicFactors ETF by 37.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,224 shares of the company’s stock valued at $147,000 after purchasing an additional 603 shares in the last quarter.

SPDR MSCI Emerging Markets StrategicFactors ETF Stock Down 1.1%

Shares of QEMM stock traded down $0.90 during trading hours on Tuesday, reaching $81.53. The company’s stock had a trading volume of 2,292 shares, compared to its average volume of 3,306. The firm’s 50 day simple moving average is $77.90 and its 200-day simple moving average is $72.18. The company has a market capitalization of $50.55 million, a price-to-earnings ratio of 14.30 and a beta of 0.62. SPDR MSCI Emerging Markets StrategicFactors ETF has a fifty-two week low of $60.92 and a fifty-two week high of $82.49.

About SPDR MSCI Emerging Markets StrategicFactors ETF

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.