Short Interest in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Increases By 280.7%

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 830 shares, a growth of 280.7% from the April 30th total of 218 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 3,578 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On iShares Emerging Markets Infrastructure ETF

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new stake in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned approximately 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent SEC filing.

iShares Emerging Markets Infrastructure ETF Trading Down 0.3%

NASDAQ EMIF traded down $0.09 during trading hours on Friday, hitting $27.03. 1,141 shares of the company’s stock traded hands, compared to its average volume of 5,835. The business’s fifty day moving average price is $28.44 and its two-hundred day moving average price is $28.15. The firm has a market capitalization of $13.52 million, a P/E ratio of 10.93 and a beta of 0.47. iShares Emerging Markets Infrastructure ETF has a 52 week low of $22.73 and a 52 week high of $30.79.

iShares Emerging Markets Infrastructure ETF Company Profile

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.