SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) Short Interest Update

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

Hedge Funds Weigh In On SPDR S&P Emerging Markets ex-China ETF

Institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP bought a new stake in shares of SPDR S&P Emerging Markets ex-China ETF in the 3rd quarter valued at approximately $205,000. Johnson Financial Group Inc. acquired a new position in SPDR S&P Emerging Markets ex-China ETF during the first quarter worth $207,000. Finally, Montag A & Associates Inc. bought a new position in shares of SPDR S&P Emerging Markets ex-China ETF in the 1st quarter valued at about $2,199,000.

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

NASDAQ XCNY remained flat at $31.78 on Monday. The company’s stock had a trading volume of 1,020 shares, compared to its average volume of 2,226. The company has a fifty day moving average price of $30.29 and a 200-day moving average price of $29.39. SPDR S&P Emerging Markets ex-China ETF has a 12-month low of $24.88 and a 12-month high of $33.16. The stock has a market capitalization of $9.53 million, a P/E ratio of 16.83 and a beta of 0.69.

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.