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

SPDR MSCI Emerging Markets StrategicFactors ETF (NYSEARCA:QEMM) saw a significant drop in short interest in the month of 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. Based on an average daily volume of 5,844 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in QEMM. Capital Advisors Ltd. LLC grew its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 52.8% during 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 grew its holdings in 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 valued at $1,176,000 after purchasing an additional 4,023 shares in the last quarter. Jane Street Group LLC grew its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 266.4% during 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 grew its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 6.0% during 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 grew its holdings in SPDR MSCI Emerging Markets StrategicFactors ETF by 37.2% during 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 Trading Up 0.4%

NYSEARCA:QEMM traded up $0.36 during mid-day trading on Wednesday, hitting $81.89. The company had a trading volume of 531 shares, compared to its average volume of 3,279. The business has a fifty day simple moving average of $77.90 and a 200-day simple moving average of $72.18. SPDR MSCI Emerging Markets StrategicFactors ETF has a 1 year low of $60.92 and a 1 year high of $82.49. The firm has a market capitalization of $50.77 million, a price-to-earnings ratio of 14.30 and a beta of 0.62.

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.