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

SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) was the recipient of a significant drop in short interest during the month of 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. Based on an average daily trading 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.

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

Institutional investors have recently modified their holdings of the company. Johnson Financial Group Inc. purchased a new stake in shares of SPDR S&P Emerging Markets ex-China ETF in the 1st quarter worth about $207,000. Susquehanna International Group LLP purchased a new stake in shares of SPDR S&P Emerging Markets ex-China ETF in the 3rd quarter worth about $205,000. Finally, Montag A & Associates Inc. purchased a new stake in shares of SPDR S&P Emerging Markets ex-China ETF in the 1st quarter worth about $2,199,000.

SPDR S&P Emerging Markets ex-China ETF Trading Down 0.4%

Shares of NASDAQ:XCNY traded down $0.12 on Tuesday, reaching $31.78. 43 shares of the company traded hands, compared to its average volume of 2,203. The business’s 50-day simple moving average is $30.34 and its 200 day simple moving average is $29.42. SPDR S&P Emerging Markets ex-China ETF has a 52 week low of $24.88 and a 52 week 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.

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.