iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Short Interest Update
by Kim Johansen · The Markets DailyiShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Get Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 22,579,833 shares, a growth of 99.4% from the November 30th total of 11,326,286 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 10,574,258 shares, the days-to-cover ratio is currently 2.1 days. Based on an average trading volume of 10,574,258 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.3% of the shares of the stock are short sold.
Institutional Trading of iShares Core MSCI Emerging Markets ETF
Several large investors have recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $32,000. Your Advocates Ltd. LLP bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $36,000. First Horizon Corp acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth approximately $41,000. S.A. Mason LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at $44,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $44,000.
iShares Core MSCI Emerging Markets ETF Stock Up 0.7%
Shares of NYSEARCA IEMG traded up $0.45 during mid-day trading on Friday, hitting $67.39. 7,061,592 shares of the company traded hands, compared to its average volume of 10,950,767. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.29 and a 1 year high of $69.46. The stock has a market capitalization of $113.26 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. The business has a 50 day moving average of $67.23 and a two-hundred day moving average of $64.06.
About iShares Core MSCI Emerging Markets ETF
The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.