Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Grows By 42.3%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 6,490,000 shares, a growth of 42.3% from the August 31st total of 4,560,000 shares. Based on an average daily volume of 2,922,400 shares, the days-to-cover ratio is currently 2.2 days.

iShares MSCI Emerging Markets ex China ETF Stock Down 0.8 %

Shares of EMXC stock traded down $0.53 on Friday, reaching $62.46. The company had a trading volume of 1,785,698 shares, compared to its average volume of 2,354,266. iShares MSCI Emerging Markets ex China ETF has a one year low of $47.76 and a one year high of $63.25. The stock has a market capitalization of $15.18 billion, a PE ratio of 12.73 and a beta of 0.88. The business’s 50-day moving average is $59.83 and its 200 day moving average is $58.68.

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

Institutional investors have recently made changes to their positions in the stock. Oarsman Capital Inc. raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 36.8% during the 4th quarter. Oarsman Capital Inc. now owns 103,468 shares of the company’s stock valued at $5,733,000 after purchasing an additional 27,815 shares during the period. Tsfg LLC increased its holdings in iShares MSCI Emerging Markets ex China ETF by 45.1% during the 2nd quarter. Tsfg LLC now owns 29,620 shares of the company’s stock valued at $1,753,000 after purchasing an additional 9,209 shares during the period. Sugarloaf Wealth Management LLC raised its holdings in iShares MSCI Emerging Markets ex China ETF by 146.1% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 694 shares of the company’s stock worth $41,000 after purchasing an additional 412 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in iShares MSCI Emerging Markets ex China ETF by 14.0% in the first quarter. EverSource Wealth Advisors LLC now owns 25,173 shares of the company’s stock worth $1,420,000 after purchasing an additional 3,084 shares during the period. Finally, Dorsey & Whitney Trust CO LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at approximately $784,000.

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.