iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Sees Significant Decrease in Short Interest

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 462 shares, a decrease of 44.3% from the May 14th total of 830 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,848 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of iShares Emerging Markets Infrastructure ETF

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new stake in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares Emerging Markets Infrastructure ETF Stock Performance

EMIF traded up $0.38 during midday trading on Monday, hitting $27.33. The stock had a trading volume of 5,179 shares, compared to its average volume of 5,636. The company has a market cap of $13.67 million, a P/E ratio of 10.93 and a beta of 0.45. The business has a fifty day moving average of $28.13 and a 200 day moving average of $28.13. iShares Emerging Markets Infrastructure ETF has a 1 year low of $22.73 and a 1 year high of $30.79.

iShares Emerging Markets Infrastructure ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.2848 per share. The ex-dividend date of this dividend is Monday, June 15th.

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.