Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Large Increase in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 87,702 shares, a growth of 290.9% from the August 31st total of 22,436 shares. Based on an average trading volume of 92,397 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

Several institutional investors have recently added to or reduced their stakes in EMEQ. Goldstein Advisors LLC bought a new stake in Nomura Focused Emerging Markets Equity ETF during the fourth quarter worth about $33,198,000. Pacific Wealth Management increased its holdings in shares of Nomura Focused Emerging Markets Equity ETF by 35.1% during the first quarter. Pacific Wealth Management now owns 493,825 shares of the company’s stock worth $22,272,000 after buying an additional 128,377 shares in the last quarter. Horizon Wealth Management LLC bought a new position in shares of Nomura Focused Emerging Markets Equity ETF in the first quarter valued at approximately $18,448,000. Private Advisor Group LLC boosted its holdings in shares of Nomura Focused Emerging Markets Equity ETF by 860.7% in the 1st quarter. Private Advisor Group LLC now owns 207,691 shares of the company’s stock worth $9,367,000 after acquiring an additional 186,072 shares in the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 2nd quarter worth approximately $5,079,000.

Nomura Focused Emerging Markets Equity ETF Stock Performance

Shares of NASDAQ EMEQ opened at $66.39 on Friday. Nomura Focused Emerging Markets Equity ETF has a 52-week low of $35.02 and a 52-week high of $78.71. The business has a fifty day moving average of $64.38 and a two-hundred day moving average of $61.30. The stock has a market cap of $637.34 million, a PE ratio of 11.97 and a beta of 1.63.

Nomura Focused Emerging Markets Equity ETF Company Profile

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.