iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Large Increase in Short Interest
by Jessica Moore · The Cerbat GemiShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC – Get Free Report) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 3,139,461 shares, a growth of 118.5% from the January 29th total of 1,436,600 shares. Based on an average trading volume of 3,296,931 shares, the short-interest ratio is presently 1.0 days. Approximately 1.6% of the shares of the stock are short sold. Approximately 1.6% of the shares of the stock are short sold. Based on an average trading volume of 3,296,931 shares, the short-interest ratio is presently 1.0 days.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in EMXC. Cullen Frost Bankers Inc. raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 3.6% during the third quarter. Cullen Frost Bankers Inc. now owns 2,609,474 shares of the company’s stock valued at $176,166,000 after acquiring an additional 90,776 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares MSCI Emerging Markets ex China ETF by 6.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,336,582 shares of the company’s stock valued at $169,823,000 after acquiring an additional 131,459 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 5.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,431,332 shares of the company’s stock worth $96,629,000 after acquiring an additional 71,035 shares during the period. Flow Traders U.S. LLC raised its position in shares of iShares MSCI Emerging Markets ex China ETF by 184.8% in the 2nd quarter. Flow Traders U.S. LLC now owns 1,342,097 shares of the company’s stock worth $84,740,000 after acquiring an additional 870,883 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 2.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 792,256 shares of the company’s stock valued at $50,023,000 after purchasing an additional 19,703 shares during the period.
iShares MSCI Emerging Markets ex China ETF Price Performance
EMXC stock traded down $0.23 during mid-day trading on Friday, hitting $87.68. 2,958,932 shares of the stock were exchanged, compared to its average volume of 2,773,262. The business has a fifty day moving average price of $79.23 and a 200 day moving average price of $72.44. iShares MSCI Emerging Markets ex China ETF has a 12 month low of $49.60 and a 12 month high of $88.87. The stock has a market capitalization of $17.14 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82.
iShares MSCI Emerging Markets ex China ETF Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $1.3357 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 384.0%.
iShares MSCI Emerging Markets ex China ETF Company Profile
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.