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 recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 5,268 shares, a decrease of 47.6% from the July 30th total of 10,052 shares. Based on an average daily trading volume, of 208 shares, the days-to-cover ratio is presently 25.3 days. Currently, 1.8% of the company’s shares are short sold.

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

Large investors have recently bought and sold shares of the stock. Susquehanna International Group LLP acquired a new position in shares of SPDR S&P Emerging Markets ex-China ETF in the 3rd quarter valued at $205,000. Montag A & Associates Inc. purchased a new position in shares of SPDR S&P Emerging Markets ex-China ETF in the 1st quarter worth $2,199,000. Finally, Johnson Financial Group Inc. purchased a new position in shares of SPDR S&P Emerging Markets ex-China ETF in the 1st quarter worth $207,000.

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

XCNY opened at $33.62 on Friday. SPDR S&P Emerging Markets ex-China ETF has a 12 month low of $25.77 and a 12 month high of $34.51. The business has a 50-day moving average of $32.92 and a two-hundred day moving average of $31.73. The stock has a market capitalization of $10.09 million, a price-to-earnings ratio of 16.83 and a beta of 0.70.

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

The business also recently declared a dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.2763 per share. The ex-dividend date of this dividend was Monday, June 22nd.

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

(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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