Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Expands By 73.6%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,290,500 shares, a growth of 73.6% from the August 15th total of 743,177 shares. Based on an average daily trading volume, of 1,708,826 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the company’s stock are short sold.

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

A number of institutional investors and hedge funds have recently modified their holdings of EMXC. Sankala Group LLC bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of iShares MSCI Emerging Markets ex China ETF by 526.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock worth $43,000 after purchasing an additional 495 shares during the period. Elyxium Wealth LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth approximately $124,000. Mainstream Capital Management LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the first quarter worth approximately $205,000. Finally, Emprise Bank acquired a new stake in iShares MSCI Emerging Markets ex China ETF during the 2nd quarter worth approximately $214,000.

iShares MSCI Emerging Markets ex China ETF Trading Down 0.5%

NASDAQ EMXC opened at $98.70 on Friday. The firm’s fifty day moving average price is $96.06 and its two-hundred day moving average price is $92.88. iShares MSCI Emerging Markets ex China ETF has a 1 year low of $66.62 and a 1 year high of $107.12. The firm has a market capitalization of $25.14 billion, a P/E ratio of 15.28 and a beta of 0.90.

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.