iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Significant Decrease in Short Interest

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 651,400 shares, a drop of 76.2% from the February 28th total of 2,740,000 shares. Based on an average daily trading volume, of 2,695,900 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

iShares MSCI Emerging Markets ex China ETF Stock Down 1.7 %

EMXC opened at $55.18 on Friday. The company has a market cap of $15.14 billion, a P/E ratio of 15.53 and a beta of 0.88. The company has a 50 day moving average of $56.19 and a two-hundred day moving average of $57.78. iShares MSCI Emerging Markets ex China ETF has a 52-week low of $53.98 and a 52-week high of $63.25.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EMXC. Nemes Rush Group LLC acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth $26,000. Tidemark LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 14,525.0% in the 4th quarter. Tidemark LLC now owns 585 shares of the company’s stock worth $32,000 after purchasing an additional 581 shares in the last quarter. Ameriflex Group Inc. acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth $37,000. Fourth Dimension Wealth LLC acquired a new stake in iShares MSCI Emerging Markets ex China ETF during the 4th quarter worth about $37,000. Finally, GPS Wealth Strategies Group LLC lifted its position in shares of iShares MSCI Emerging Markets ex China ETF by 6,742.9% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 958 shares of the company’s stock valued at $53,000 after acquiring an additional 944 shares in the last quarter.

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.