Strive Emerging Markets Ex-China ETF (NYSE:STXE) Sees Large Drop in Short Interest

Strive Emerging Markets Ex-China ETF (NYSE:STXE) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 1,875 shares, a decrease of 71.5% from the September 15th total of 6,584 shares. Based on an average daily volume of 5,903 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Strive Emerging Markets Ex-China ETF Stock Performance

STXE stock traded down $0.56 during mid-day trading on Tuesday, hitting $48.27. 3,654 shares of the company were exchanged, compared to its average volume of 10,627. Strive Emerging Markets Ex-China ETF has a 1-year low of $33.16 and a 1-year high of $55.39. The firm’s 50 day simple moving average is $49.95 and its 200 day simple moving average is $48.36. The firm has a market cap of $139.97 million, a P/E ratio of 15.90 and a beta of 0.98.

Strive Emerging Markets Ex-China ETF Company Profile

The Strive Emerging Markets Ex-China ETF (STXE) is an exchange-traded fund that is based on the Bloomberg US 1000 Dividend Growth index. The fund tracks a market cap-weighted index of mid and large cap companies in emerging markets, excluding China. STXE was launched on Jan 31, 2023 and is managed by Strive.