iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Up 118.5% in February

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 3,139,461 shares, an increase 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 company are sold short. Approximately 1.6% of the shares of the company are sold short. Based on an average trading volume of 3,296,931 shares, the short-interest ratio is presently 1.0 days.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of EMXC stock traded down $0.42 during mid-day trading on Friday, hitting $87.49. 275,350 shares of the stock were exchanged, compared to its average volume of 2,697,916. The stock’s fifty day simple moving average is $78.89 and its two-hundred day simple moving average is $72.22. 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 $17.10 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $1.3357 per share. This represents a yield of 384.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ex China ETF

Large investors have recently modified their holdings of the company. First Commonwealth Financial Corp PA grew its position in iShares MSCI Emerging Markets ex China ETF by 19.3% in the 4th quarter. First Commonwealth Financial Corp PA now owns 10,689 shares of the company’s stock valued at $777,000 after buying an additional 1,729 shares during the last quarter. Sierra Capital LLC raised its position in iShares MSCI Emerging Markets ex China ETF by 0.4% during the 4th quarter. Sierra Capital LLC now owns 75,419 shares of the company’s stock worth $5,481,000 after buying an additional 323 shares during the last quarter. Basso Capital Management L.P. lifted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 23.7% in the 4th quarter. Basso Capital Management L.P. now owns 38,230 shares of the company’s stock worth $2,779,000 after acquiring an additional 7,315 shares during the period. Advisory Services Network LLC boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 19.8% in the fourth quarter. Advisory Services Network LLC now owns 11,849 shares of the company’s stock valued at $861,000 after acquiring an additional 1,959 shares in the last quarter. Finally, Harvest Investment Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at about $4,106,000.

About iShares MSCI Emerging Markets ex China ETF

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.