Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Short Interest Up 87.1% in April

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 45,213 shares, a growth of 87.1% from the April 15th total of 24,159 shares. Based on an average trading volume of 157,234 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company’s stock are sold short.

Nomura Focused Emerging Markets Equity ETF Stock Performance

Nomura Focused Emerging Markets Equity ETF stock traded down $0.46 during mid-day trading on Monday, reaching $61.60. The stock had a trading volume of 100,551 shares, compared to its average volume of 173,016. Nomura Focused Emerging Markets Equity ETF has a fifty-two week low of $27.11 and a fifty-two week high of $66.81. The stock’s 50-day simple moving average is $51.54 and its 200-day simple moving average is $45.93. The firm has a market capitalization of $492.80 million, a PE ratio of 11.97 and a beta of 1.47.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Pacific Wealth Management lifted its holdings in shares of Nomura Focused Emerging Markets Equity ETF by 35.1% in the first quarter. Pacific Wealth Management now owns 493,825 shares of the company’s stock valued at $22,272,000 after purchasing an additional 128,377 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in Nomura Focused Emerging Markets Equity ETF by 160.5% during the 1st quarter. Sanctuary Advisors LLC now owns 28,583 shares of the company’s stock worth $1,289,000 after acquiring an additional 17,611 shares during the last quarter. Fifth Third Bancorp purchased a new position in Nomura Focused Emerging Markets Equity ETF during the 1st quarter worth $93,000. Private Advisor Group LLC boosted its holdings in Nomura Focused Emerging Markets Equity ETF by 860.7% during the 1st quarter. Private Advisor Group LLC now owns 207,691 shares of the company’s stock worth $9,367,000 after acquiring an additional 186,072 shares during the last quarter. Finally, Horizon Wealth Management LLC purchased a new position in Nomura Focused Emerging Markets Equity ETF during the 1st quarter worth $18,448,000.

About Nomura Focused Emerging Markets Equity ETF

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.