SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Short Interest Up 1,596.7% in April

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 314,656 shares, a growth of 1,596.7% from the April 15th total of 18,545 shares. Based on an average trading volume of 28,672 shares, the short-interest ratio is presently 11.0 days. Approximately 3.2% of the shares of the company are short sold.

SPDR S&P Emerging Markets SmallCap ETF Stock Performance

NYSEARCA EWX opened at $75.54 on Tuesday. The firm has a 50-day simple moving average of $69.06 and a 200 day simple moving average of $67.79. SPDR S&P Emerging Markets SmallCap ETF has a twelve month low of $58.85 and a twelve month high of $75.62. The stock has a market cap of $747.85 million, a PE ratio of 16.20 and a beta of 0.62.

Institutional Investors Weigh In On SPDR S&P Emerging Markets SmallCap ETF

Hedge funds have recently made changes to their positions in the stock. AlphaCore Capital LLC bought a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF in the third quarter valued at about $48,000. 4Thought Financial Group Inc. lifted its stake in shares of 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 period. Empowered Funds LLC bought a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF in the fourth quarter valued at about $63,000. Bank of Montreal Can lifted its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 19.5% in the fourth quarter. Bank of Montreal Can now owns 999 shares of the company’s stock valued at $66,000 after buying an additional 163 shares during the period. Finally, BOKF NA lifted its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 200.4% in the third quarter. BOKF NA now owns 1,352 shares of the company’s stock valued at $91,000 after buying an additional 902 shares during the period.

About SPDR S&P Emerging Markets SmallCap ETF

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.