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 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 volume of 208 shares, the short-interest ratio is currently 17.3 days. Approximately 1.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

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

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

Shares of XCNY stock remained flat at $31.78 during mid-day trading on Monday. 1,020 shares of the stock were exchanged, compared to its average volume of 2,226. The stock has a market cap of $9.53 million, a price-to-earnings ratio of 16.83 and a beta of 0.69. 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 firm’s 50 day moving average price is $30.29 and its 200 day moving average price is $29.39.

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.