iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Short Interest Down 14.3% in February

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a large drop in short interest in February. As of February 27th, there was short interest totaling 2,689,130 shares, a drop of 14.3% from the February 12th total of 3,139,461 shares. Based on an average daily trading volume, of 2,953,591 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.4% of the shares of the stock are short sold. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,953,591 shares, the days-to-cover ratio is currently 0.9 days.

iShares MSCI Emerging Markets ex China ETF Price Performance

iShares MSCI Emerging Markets ex China ETF stock opened at $77.99 on Monday. iShares MSCI Emerging Markets ex China ETF has a 1 year low of $49.60 and a 1 year high of $88.87. The firm’s 50 day moving average price is $80.93 and its 200-day moving average price is $73.67. The stock has a market cap of $15.25 billion, a P/E ratio of 15.28 and a beta of 0.82.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 184.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 1,342,097 shares of the company’s stock valued at $84,740,000 after purchasing an additional 870,883 shares during the last quarter. Myriad Asset Management Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at about $34,763,000. City of London Investment Management Co. Ltd. purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at about $16,642,000. Farther Finance Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 78.7% in the third quarter. Farther Finance Advisors LLC now owns 392,289 shares of the company’s stock worth $26,483,000 after purchasing an additional 172,737 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth about $9,836,000.

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.