iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Down 76.2% in March

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXCGet Free Report) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 651,400 shares, a decrease of 76.2% from the February 28th total of 2,740,000 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 2,695,900 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ex China ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in iShares MSCI Emerging Markets ex China ETF by 212.4% during the 4th quarter. JPMorgan Chase & Co. now owns 14,529,961 shares of the company’s stock valued at $805,686,000 after acquiring an additional 9,879,078 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 3.9% in the 4th quarter. Bank of New York Mellon Corp now owns 10,401,633 shares of the company’s stock worth $576,771,000 after buying an additional 394,782 shares during the period. Cullen Frost Bankers Inc. increased its stake in shares of iShares MSCI Emerging Markets ex China ETF by 7.0% in the 4th quarter. Cullen Frost Bankers Inc. now owns 2,267,834 shares of the company’s stock worth $125,751,000 after acquiring an additional 149,004 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in iShares MSCI Emerging Markets ex China ETF by 4.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,772,842 shares of the company’s stock valued at $98,304,000 after acquiring an additional 76,791 shares during the period. Finally, OLD Mission Capital LLC boosted its stake in iShares MSCI Emerging Markets ex China ETF by 48.2% during the fourth quarter. OLD Mission Capital LLC now owns 1,727,406 shares of the company’s stock worth $95,785,000 after acquiring an additional 562,175 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Performance

EMXC stock traded down $0.93 on Friday, reaching $55.18. The company’s stock had a trading volume of 997,952 shares, compared to its average volume of 2,297,908. The firm has a market cap of $15.14 billion, a PE ratio of 15.53 and a beta of 0.88. The business has a fifty day simple moving average of $56.21 and a two-hundred day simple moving average of $57.81. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $53.98 and a 12-month high of $63.25.

iShares MSCI Emerging Markets ex China ETF Company Profile

(Get Free Report)

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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