SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Stock Short Interest Jumps 14,979.6%

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 36,945 shares, a growth of 14,979.6% from the September 30th total of 245 shares. Currently, 1.4% of the company’s stock are sold short. Based on an average trading volume of 7,804 shares, the days-to-cover ratio is currently 4.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Pacific Financial increased its position in shares of SPDR S&P Emerging Asia Pacific ETF by 0.7% in the 3rd quarter. First Pacific Financial now owns 180,859 shares of the company’s stock valued at $28,243,000 after purchasing an additional 1,297 shares during the last quarter. Vontobel Holding Ltd. lifted its position in shares of SPDR S&P Emerging Asia Pacific ETF by 1.2% during the 3rd quarter. Vontobel Holding Ltd. now owns 168,561 shares of the company’s stock worth $26,323,000 after purchasing an additional 2,058 shares during the last quarter. Sowell Financial Services LLC lifted its position in shares of SPDR S&P Emerging Asia Pacific ETF by 100.0% during the 3rd quarter. Sowell Financial Services LLC now owns 14,678 shares of the company’s stock worth $2,292,000 after purchasing an additional 7,339 shares during the last quarter. Waverly Advisors LLC grew its stake in shares of SPDR S&P Emerging Asia Pacific ETF by 4.0% during the second quarter. Waverly Advisors LLC now owns 4,453 shares of the company’s stock worth $699,000 after purchasing an additional 173 shares in the last quarter. Finally, K2 Financial Inc. increased its holdings in SPDR S&P Emerging Asia Pacific ETF by 7.5% in the first quarter. K2 Financial Inc. now owns 3,617 shares of the company’s stock valued at $540,000 after buying an additional 253 shares during the last quarter. Institutional investors and hedge funds own 47.59% of the company’s stock.

SPDR S&P Emerging Asia Pacific ETF Trading Up 0.8%

GMF traded up $1.20 on Monday, hitting $148.56. 27,789 shares of the company were exchanged, compared to its average volume of 9,310. The firm has a 50-day moving average price of $155.81 and a two-hundred day moving average price of $153.72. SPDR S&P Emerging Asia Pacific ETF has a twelve month low of $131.89 and a twelve month high of $161.39. The company has a market cap of $386.26 million, a price-to-earnings ratio of 16.88 and a beta of 0.59.

About SPDR S&P Emerging Asia Pacific ETF

(Get Free Report)

Further Reading

Receive News & Ratings for SPDR S&P Emerging Asia Pacific ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Emerging Asia Pacific ETF and related companies with MarketBeat.com's FREE daily email newsletter.