Short Interest in SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) Decreases By 34.6%

SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 3,602 shares, a drop of 34.6% from the April 15th total of 5,510 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 208 shares, the short-interest ratio is currently 17.3 days.

SPDR S&P Emerging Markets ex-China ETF Price Performance

Shares of SPDR S&P Emerging Markets ex-China ETF stock opened at $31.90 on Wednesday. The business has a 50-day moving average of $30.39 and a 200-day moving average of $29.44. The company has a market capitalization of $9.57 million, a PE ratio of 16.83 and a beta of 0.69. SPDR S&P Emerging Markets ex-China ETF has a 1-year low of $24.88 and a 1-year high of $33.16.

Institutional Trading of SPDR S&P Emerging Markets ex-China ETF

Large investors have recently modified their holdings of the business. Susquehanna International Group LLP acquired a new stake in shares of SPDR S&P Emerging Markets ex-China ETF during the third quarter valued at about $205,000. Johnson Financial Group Inc. acquired a new stake in shares of SPDR S&P Emerging Markets ex-China ETF during the first quarter valued at about $207,000. Finally, Montag A & Associates Inc. acquired a new stake in shares of SPDR S&P Emerging Markets ex-China ETF during the first quarter valued at about $2,199,000.

About SPDR S&P Emerging Markets ex-China ETF

The SPDR S&P Emerging Markets ex-China ETF (XCNY) is an exchange-traded fund that is based on the S&P Emerging ex China BMI index. The fund tracks a market cap-weighted index of emerging market stocks, excluding China. The fund may include companies of any market capitalization, aiming for broad diversification. XCNY was launched on Sep 4, 2024 and is issued by State Street.