Short Interest in iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Declines By 71.7%

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 17,030 shares, a decline of 71.7% from the June 30th total of 60,178 shares. Based on an average trading volume of 6,353 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.6% of the shares of the stock are sold short.

iShares ESG Advanced MSCI EM ETF Stock Down 2.2%

Shares of EMXF traded down $1.23 during trading hours on Tuesday, reaching $53.86. 746 shares of the company traded hands, compared to its average volume of 8,238. The stock has a market capitalization of $156.19 million, a PE ratio of 13.05 and a beta of 0.69. The stock has a fifty day simple moving average of $56.71 and a 200 day simple moving average of $52.73. iShares ESG Advanced MSCI EM ETF has a fifty-two week low of $42.44 and a fifty-two week high of $60.04.

iShares ESG Advanced MSCI EM ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.466 dividend. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EM ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Sei Investments Co. lifted its stake in shares of iShares ESG Advanced MSCI EM ETF by 2.5% during the first quarter. Sei Investments Co. now owns 229,375 shares of the company’s stock valued at $10,974,000 after buying an additional 5,522 shares during the period. Values Added Financial LLC grew its stake in iShares ESG Advanced MSCI EM ETF by 4.7% in the 4th quarter. Values Added Financial LLC now owns 80,179 shares of the company’s stock worth $3,731,000 after acquiring an additional 3,588 shares during the period. Balanced Rock Investment Advisors LLC raised its holdings in iShares ESG Advanced MSCI EM ETF by 0.6% in the 4th quarter. Balanced Rock Investment Advisors LLC now owns 44,886 shares of the company’s stock valued at $2,089,000 after acquiring an additional 273 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in shares of iShares ESG Advanced MSCI EM ETF by 5.8% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 25,479 shares of the company’s stock worth $1,186,000 after purchasing an additional 1,395 shares during the period. Finally, Plum Street Advisors LLC lifted its stake in shares of iShares ESG Advanced MSCI EM ETF by 45.7% during the 4th quarter. Plum Street Advisors LLC now owns 24,068 shares of the company’s stock worth $1,120,000 after purchasing an additional 7,549 shares during the period.

About iShares ESG Advanced MSCI EM ETF

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.