Short Interest in SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Declines By 35.6%

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 139,965 shares, a decrease of 35.6% from the May 31st total of 217,392 shares. Based on an average daily trading volume, of 24,516 shares, the short-interest ratio is currently 5.7 days. Approximately 1.4% of the company’s stock are sold short.

SPDR S&P Emerging Markets SmallCap ETF Stock Performance

Shares of NYSEARCA EWX remained flat at $73.33 during mid-day trading on Friday. 23,250 shares of the company were exchanged, compared to its average volume of 40,124. The stock has a 50-day simple moving average of $73.92 and a 200 day simple moving average of $69.83. SPDR S&P Emerging Markets SmallCap ETF has a 1 year low of $61.81 and a 1 year high of $76.61. The stock has a market cap of $725.97 million, a PE ratio of 16.20 and a beta of 0.61.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in EWX. 4Thought Financial Group Inc. lifted its stake in SPDR S&P Emerging Markets SmallCap ETF by 57.1% in the fourth quarter. 4Thought Financial Group Inc. now owns 817 shares of the company’s stock valued at $54,000 after buying an additional 297 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF in the 4th quarter valued at $63,000. Bank of Montreal Can raised its position in SPDR S&P Emerging Markets SmallCap ETF by 19.5% in the 4th quarter. Bank of Montreal Can now owns 999 shares of the company’s stock valued at $66,000 after purchasing an additional 163 shares during the last quarter. BOKF NA boosted its stake in SPDR S&P Emerging Markets SmallCap ETF by 200.4% during the 3rd quarter. BOKF NA now owns 1,352 shares of the company’s stock worth $91,000 after purchasing an additional 902 shares during the period. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in SPDR S&P Emerging Markets SmallCap ETF during the 4th quarter worth $120,000.

SPDR S&P Emerging Markets SmallCap ETF Company Profile

SPDR S&P Emerging Markets Small Cap ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (the Index). The Index is a float-adjusted, market-cap weighted index that represents the small-capitalization segment of emerging countries included in the S&P Global BMI Index. The Global BMI Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.