iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Sees Significant Growth in Short Interest

by · The Cerbat Gem

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,808 shares, an increase of 1,210.1% from the August 15th total of 1,054 shares. Based on an average daily volume of 5,009 shares, the short-interest ratio is presently 2.8 days. Currently, 2.8% of the company’s shares are sold short.

iShares Emerging Markets Infrastructure ETF Price Performance

Shares of NASDAQ:EMIF traded down $0.12 during trading on Friday, hitting $26.54. The company had a trading volume of 1,722 shares, compared to its average volume of 4,500. The stock has a market cap of $13.27 million, a price-to-earnings ratio of 10.93 and a beta of 0.45. iShares Emerging Markets Infrastructure ETF has a one year low of $24.75 and a one year high of $30.79. The company has a fifty day simple moving average of $26.05 and a two-hundred day simple moving average of $27.34.

Institutional Trading of iShares Emerging Markets Infrastructure ETF

An institutional investor recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new position in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent SEC filing.

iShares Emerging Markets Infrastructure ETF Company Profile

(Get Free Report)

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.

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