SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Short Interest Up 387.0% in January

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 4,049,784 shares, a growth of 387.0% from the December 31st total of 831,579 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 3,238,410 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 3,238,410 shares, the short-interest ratio is presently 1.3 days. Currently, 1.2% of the company’s shares are short sold.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $50.22 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $50.58. The firm has a 50 day moving average price of $47.63 and a 200 day moving average price of $46.37. The company has a market capitalization of $16.77 billion, a PE ratio of 15.39 and a beta of 0.56.

Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF

Several large investors have recently bought and sold shares of the stock. River Street Advisors LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after acquiring an additional 209 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after buying an additional 210 shares during the last quarter. Kraft Davis & Associates LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after acquiring an additional 213 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after acquiring an additional 222 shares during the last quarter. Finally, Verus Capital Partners LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.3% in the 2nd quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock valued at $787,000 after acquiring an additional 235 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Company Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.