iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Short Interest Down 73.0% in March
by Scott Moore · The Cerbat GemiShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Get Free Report) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 1,002,482 shares, a decline of 73.0% from the March 15th total of 3,711,463 shares. Based on an average trading volume of 18,725,922 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.
iShares Core MSCI Emerging Markets ETF Stock Performance
Shares of NYSEARCA:IEMG traded up $0.31 during trading on Friday, hitting $74.25. The company’s stock had a trading volume of 7,208,515 shares, compared to its average volume of 19,158,844. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $50.74 and a fifty-two week high of $77.68. The stock’s 50-day moving average price is $72.46 and its two-hundred day moving average price is $69.51. The company has a market capitalization of $144.12 billion, a PE ratio of 14.65 and a beta of 0.66.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. Cornerstone Financial Management LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth about $25,000. Modus Advisors LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at about $28,000. Cloud Capital Management LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $32,000. Hilton Head Capital Partners LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at about $35,000. Finally, Your Advocates Ltd. LLP bought a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $36,000.
iShares Core MSCI Emerging Markets ETF Company Profile
The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.