iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Update

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 1,854,611 shares, an increase of 96.0% from the May 14th total of 946,134 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 2,589,804 shares, the days-to-cover ratio is currently 0.7 days.

iShares MSCI Emerging Markets ex China ETF Stock Up 0.6%

Shares of NASDAQ:EMXC traded up $0.55 during trading on Friday, hitting $99.75. 2,779,735 shares of the stock traded hands, compared to its average volume of 3,457,676. The company has a market cap of $24.41 billion, a price-to-earnings ratio of 15.28 and a beta of 0.88. The company has a fifty day moving average price of $92.79 and a two-hundred day moving average price of $83.01. iShares MSCI Emerging Markets ex China ETF has a 52-week low of $60.02 and a 52-week high of $104.18.

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

Several institutional investors have recently made changes to their positions in EMXC. Sankala Group LLC purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at approximately $27,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 3rd quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 526.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock valued at $43,000 after purchasing an additional 495 shares in the last quarter. Arlington Trust Co LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 91.8% during the 4th quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock valued at $54,000 after purchasing an additional 356 shares in the last quarter. Finally, BOKF NA purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at approximately $62,000.

About iShares MSCI Emerging Markets ex China ETF

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.