Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Significant Drop in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 36,063 shares, a drop of 94.9% from the December 31st total of 709,617 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 76,149 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 76,149 shares, the short-interest ratio is currently 0.5 days. Approximately 0.8% of the company’s stock are short sold.

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. acquired a new position in Nomura Focused Emerging Markets Equity ETF in the third quarter worth approximately $6,645,000. Truist Financial Corp acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 3rd quarter worth $6,984,000. Citadel Advisors LLC acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the third quarter worth $1,436,000. Mainstay Capital Management LLC ADV purchased a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at $1,274,000. Finally, Prosperity Wealth Management Inc. boosted its position in shares of Nomura Focused Emerging Markets Equity ETF by 156.4% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 24,994 shares of the company’s stock valued at $888,000 after purchasing an additional 15,246 shares during the period.

Nomura Focused Emerging Markets Equity ETF Stock Down 1.0%

Shares of EMEQ traded down $0.48 during midday trading on Thursday, hitting $47.29. The company had a trading volume of 30,295 shares, compared to its average volume of 80,609. The stock has a market cap of $212.80 million, a price-to-earnings ratio of 11.97 and a beta of 2.11. The company’s 50 day moving average price is $40.96 and its 200 day moving average price is $36.82. Nomura Focused Emerging Markets Equity ETF has a 52 week low of $22.08 and a 52 week high of $48.00.

Nomura Focused Emerging Markets Equity ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 24th were issued a dividend of $1.1089 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a dividend yield of 284.0%.

Nomura Focused Emerging Markets Equity ETF Company Profile

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.