SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) Shares Shorted: Short Interest Up 60.9% in September

SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 12,902 shares, a growth of 60.9% from the August 31st total of 8,021 shares. Currently, 4.3% of the shares of the company are short sold. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 11.7 days.

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

SPDR S&P Emerging Markets ex-China ETF stock traded down $0.09 during mid-day trading on Wednesday, reaching $33.66. 206 shares of the company were exchanged, compared to its average volume of 1,401. SPDR S&P Emerging Markets ex-China ETF has a 12 month low of $26.94 and a 12 month high of $34.51. The firm has a market cap of $10.10 million, a PE ratio of 16.83 and a beta of 0.71. The company has a fifty day simple moving average of $33.30 and a 200-day simple moving average of $32.28.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR S&P Emerging Markets ex-China ETF stock. Montag A & Associates Inc. bought a new position in shares of SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 76,393 shares of the company’s stock, valued at approximately $2,199,000. Montag A & Associates Inc. owned 25.46% of SPDR S&P Emerging Markets ex-China ETF at the end of the most recent reporting period.

SPDR S&P Emerging Markets ex-China ETF Company Profile

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.