SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) Sees Large Drop in Short Interest

SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNYGet Free Report) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 5,268 shares, a decline of 47.6% from the July 30th total of 10,052 shares. Currently, 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 208 shares, the short-interest ratio is presently 25.3 days.

SPDR S&P Emerging Markets ex-China ETF Stock Up 0.3%

SPDR S&P Emerging Markets ex-China ETF stock opened at $33.71 on Tuesday. SPDR S&P Emerging Markets ex-China ETF has a twelve month low of $25.77 and a twelve month high of $34.51. The stock has a market cap of $10.11 million, a P/E ratio of 16.83 and a beta of 0.70. The company’s 50-day moving average price is $32.91 and its two-hundred day moving average price is $31.76.

SPDR S&P Emerging Markets ex-China ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.2763 dividend. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Johnson Financial Group Inc. bought a new stake in shares of SPDR S&P Emerging Markets ex-China ETF in the first quarter valued at about $207,000. Susquehanna International Group LLP bought a new position in SPDR S&P Emerging Markets ex-China ETF during the third quarter worth about $205,000. Finally, Montag A & Associates Inc. acquired a new stake in SPDR S&P Emerging Markets ex-China ETF in the 1st quarter worth about $2,199,000.

About SPDR S&P Emerging Markets ex-China ETF

(Get Free Report)

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.

Further Reading

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