iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Update
by Doug Wharley · The Cerbat GemiShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,290,500 shares, an increase of 73.6% from the August 15th total of 743,177 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 1,708,826 shares, the days-to-cover ratio is currently 0.8 days.
iShares MSCI Emerging Markets ex China ETF Stock Up 0.2%
EMXC stock traded up $0.18 during mid-day trading on Wednesday, reaching $97.14. The company had a trading volume of 1,923,658 shares, compared to its average volume of 3,025,241. The stock has a market capitalization of $24.30 billion, a P/E ratio of 15.28 and a beta of 0.90. iShares MSCI Emerging Markets ex China ETF has a one year low of $66.62 and a one year high of $107.12. The stock’s 50-day simple moving average is $96.04 and its two-hundred day simple moving average is $92.73.
Institutional Trading of iShares MSCI Emerging Markets ex China ETF
Several hedge funds have recently bought and sold shares of the company. SkyView Investment Advisors LLC acquired a new position in iShares MSCI Emerging Markets ex China ETF during the 2nd quarter valued at about $512,000. SVB Wealth LLC acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 2nd quarter worth approximately $256,000. Compass Financial Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 2nd quarter worth approximately $619,000. First PREMIER Bank boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 91.3% in the second quarter. First PREMIER Bank now owns 5,420 shares of the company’s stock valued at $555,000 after acquiring an additional 2,587 shares in the last quarter. Finally, Oarsman Capital Inc. increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 2.3% during the 2nd quarter. Oarsman Capital Inc. now owns 166,320 shares of the company’s stock valued at $17,015,000 after purchasing an additional 3,813 shares during the period.
About iShares MSCI Emerging Markets ex China ETF
The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.
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