iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Stock Short Interest Climbs 869.2%

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 10,845 shares, an increase of 869.2% from the September 15th total of 1,119 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily volume of 1,899 shares, the days-to-cover ratio is currently 5.7 days.

iShares Emerging Markets Infrastructure ETF Stock Performance

iShares Emerging Markets Infrastructure ETF stock traded up $0.30 during trading hours on Friday, reaching $27.65. 4,037 shares of the company’s stock traded hands, compared to its average volume of 4,190. iShares Emerging Markets Infrastructure ETF has a fifty-two week low of $24.75 and a fifty-two week high of $30.79. The firm has a market capitalization of $13.82 million, a price-to-earnings ratio of 10.93 and a beta of 0.47. The firm’s 50 day moving average is $26.29 and its 200-day moving average is $27.03.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.