SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) Short Interest Update

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 6,699 shares, a decrease of 48.8% from the August 15th total of 13,092 shares. Based on an average trading volume of 3,942 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.2% of the company’s shares are short sold.

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Price Performance

NYSEARCA:EEMX opened at $51.93 on Thursday. SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF has a fifty-two week low of $40.68 and a fifty-two week high of $56.38. The stock has a market capitalization of $156.31 million, a PE ratio of 14.51 and a beta of 0.74. The business’s 50-day simple moving average is $52.03 and its 200-day simple moving average is $50.55.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF stock. Sankala Group LLC acquired a new position in shares of SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSEARCA:EEMX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,896 shares of the company’s stock, valued at approximately $209,000. Sankala Group LLC owned 0.23% of SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF as of its most recent SEC filing.

SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF Company Profile

The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (EEMX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a subset of the MSCI Emerging Markets Index that excludes companies that own fossil fuel reserves. EEMX was launched on Oct 24, 2016 and is managed by State Street.