SPDR S&P Emerging Markets (SPEM) Sees Significant Decrease in Short Interest

SPDR S&P Emerging Markets (NYSEARCA:SPEM) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 131,411 shares, a decrease of 82.3% from the January 12th total of 744,089 shares. Based on an average daily volume of 587,721 shares, the days-to-cover ratio is currently 0.2 days.

SPDR S&P Emerging Markets (NYSEARCA:SPEM) opened at $39.93 on Thursday. SPDR S&P Emerging Markets has a 1-year low of $30.79 and a 1-year high of $42.47.

Several large investors have recently made changes to their positions in SPEM. Atria Investments LLC bought a new position in shares of SPDR S&P Emerging Markets during the fourth quarter valued at $280,000. Syntal Capital Partners LLC increased its position in SPDR S&P Emerging Markets by 205.3% in the fourth quarter. Syntal Capital Partners LLC now owns 10,079 shares of the company’s stock worth $384,000 after buying an additional 6,778 shares in the last quarter. New England Investment & Retirement Group Inc. increased its position in SPDR S&P Emerging Markets by 95.6% in the fourth quarter. New England Investment & Retirement Group Inc. now owns 22,176 shares of the company’s stock worth $846,000 after buying an additional 10,841 shares in the last quarter. Pure Financial Advisors Inc. purchased a new stake in SPDR S&P Emerging Markets in the fourth quarter worth about $4,058,000. Finally, Boston Standard Wealth Management LLC purchased a new stake in SPDR S&P Emerging Markets in the fourth quarter worth about $6,415,000.

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About SPDR S&P Emerging Markets

SPDR S&P Emerging Markets ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P/Citigroup BMI Emerging Markets Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in emerging markets.

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