SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) Short Interest Up 66.8% in May

SPDR S&P Emerging Markets ex-China ETF (NASDAQ:XCNY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,008 shares, an increase of 66.8% from the April 30th total of 3,602 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average daily volume of 582 shares, the short-interest ratio is presently 10.3 days.

Hedge Funds Weigh In On SPDR S&P Emerging Markets ex-China ETF

Large investors have recently made changes to their positions in the company. Susquehanna International Group LLP bought a new position in shares of SPDR S&P Emerging Markets ex-China ETF during the third quarter worth approximately $205,000. Johnson Financial Group Inc. bought a new position in shares of SPDR S&P Emerging Markets ex-China ETF during the first quarter worth approximately $207,000. Finally, Montag A & Associates Inc. bought a new position in shares of SPDR S&P Emerging Markets ex-China ETF during the first quarter worth approximately $2,199,000.

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

Shares of NASDAQ XCNY opened at $34.00 on Thursday. The firm has a market cap of $10.20 million, a P/E ratio of 16.83 and a beta of 0.69. SPDR S&P Emerging Markets ex-China ETF has a 1-year low of $25.00 and a 1-year high of $34.00. The business’s 50 day moving average is $31.28 and its 200-day moving average is $29.81.

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.