Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Significant Growth in Short Interest

by · The Markets Daily

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ – Get Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 57,450 shares, an increase of 136.9% from the July 30th total of 24,254 shares. Based on an average daily trading volume, of 107,241 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are short sold.

Nomura Focused Emerging Markets Equity ETF Stock Performance

Shares of NASDAQ:EMEQ traded down $0.79 during trading on Friday, reaching $64.40. The stock had a trading volume of 70,960 shares, compared to its average volume of 163,059. Nomura Focused Emerging Markets Equity ETF has a 1-year low of $31.02 and a 1-year high of $78.71. The business has a fifty day moving average price of $65.68 and a 200-day moving average price of $59.02. The stock has a market cap of $598.92 million, a PE ratio of 11.97 and a beta of 1.64.

Institutional Trading of Nomura Focused Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the 4th quarter worth approximately $34,000. Fifth Third Bancorp acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the first quarter worth about $93,000. Osaic Holdings Inc. acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF in the fourth quarter worth $141,000. Sankala Group LLC purchased a new position in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at $229,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF during the first quarter worth about $338,000.

Nomura Focused Emerging Markets Equity ETF Company Profile

(Get Free Report)

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.

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