iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Update

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 5,300,000 shares, an increase of 307.7% from the October 31st total of 1,300,000 shares. Based on an average daily volume of 2,569,800 shares, the days-to-cover ratio is currently 2.1 days.

iShares MSCI Emerging Markets ex China ETF Trading Down 0.7 %

iShares MSCI Emerging Markets ex China ETF stock traded down $0.39 during mid-day trading on Thursday, reaching $57.70. The company’s stock had a trading volume of 1,411,751 shares, compared to its average volume of 2,253,852. The firm has a market cap of $16.37 billion, a price-to-earnings ratio of 12.73 and a beta of 0.88. The business has a 50 day moving average price of $59.81 and a 200-day moving average price of $59.42. iShares MSCI Emerging Markets ex China ETF has a twelve month low of $52.43 and a twelve month high of $63.25.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 274.7% during the second quarter. Cullen Frost Bankers Inc. now owns 1,779,506 shares of the company’s stock valued at $105,347,000 after acquiring an additional 1,304,571 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at $52,987,000. Eastern Bank acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at $38,581,000. Cambridge Trust Co. raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 34,755.3% during the first quarter. Cambridge Trust Co. now owns 575,112 shares of the company’s stock valued at $33,109,000 after purchasing an additional 573,462 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 5.5% during the second quarter. Bank of New York Mellon Corp now owns 9,363,401 shares of the company’s stock valued at $554,313,000 after purchasing an additional 488,114 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Company Profile

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.