SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Sees Large Decrease in Short Interest

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 139,965 shares, a decline of 35.6% from the May 31st total of 217,392 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average trading volume of 24,516 shares, the short-interest ratio is currently 5.7 days.

Institutional Investors Weigh In On SPDR S&P Emerging Markets SmallCap ETF

Large investors have recently modified their holdings of the business. Bank of Montreal Can raised its position in shares of SPDR S&P Emerging Markets SmallCap ETF by 19.5% in the fourth quarter. Bank of Montreal Can now owns 999 shares of the company’s stock valued at $66,000 after buying an additional 163 shares during the last quarter. Smith Moore & CO. grew its stake in SPDR S&P Emerging Markets SmallCap ETF by 1.1% during the 3rd quarter. Smith Moore & CO. now owns 16,013 shares of the company’s stock valued at $1,078,000 after acquiring an additional 170 shares in the last quarter. Shore Point Advisors LLC grew its stake in SPDR S&P Emerging Markets SmallCap ETF by 3.2% during the 4th quarter. Shore Point Advisors LLC now owns 6,362 shares of the company’s stock valued at $418,000 after acquiring an additional 195 shares in the last quarter. Focus Partners Wealth raised its holdings in SPDR S&P Emerging Markets SmallCap ETF by 3.5% in the 3rd quarter. Focus Partners Wealth now owns 6,626 shares of the company’s stock valued at $446,000 after acquiring an additional 225 shares during the last quarter. Finally, Spire Wealth Management raised its holdings in SPDR S&P Emerging Markets SmallCap ETF by 1.9% in the 4th quarter. Spire Wealth Management now owns 14,205 shares of the company’s stock valued at $933,000 after acquiring an additional 261 shares during the last quarter.

SPDR S&P Emerging Markets SmallCap ETF Stock Performance

Shares of EWX traded up $0.45 during trading hours on Thursday, hitting $73.84. 11,456 shares of the stock were exchanged, compared to its average volume of 40,012. The stock’s 50-day moving average price is $73.91 and its two-hundred day moving average price is $69.77. SPDR S&P Emerging Markets SmallCap ETF has a 12-month low of $61.81 and a 12-month high of $76.61. The company has a market cap of $731.02 million, a price-to-earnings ratio of 16.20 and a beta of 0.61.

SPDR S&P Emerging Markets SmallCap ETF Company Profile

SPDR S&P Emerging Markets Small Cap ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (the Index). The Index is a float-adjusted, market-cap weighted index that represents the small-capitalization segment of emerging countries included in the S&P Global BMI Index. The Global BMI Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.