iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 7,482,333 shares, a growth of 291.2% from the September 15th total of 1,912,612 shares. Currently, 2.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,868,193 shares, the short-interest ratio is presently 4.0 days.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Ayalon Insurance Comp Ltd. grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 29.9% in the third quarter. Ayalon Insurance Comp Ltd. now owns 700,439 shares of the company’s stock valued at $69,399,000 after purchasing an additional 161,036 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 2.2% in the third quarter. Farther Finance Advisors LLC now owns 628,287 shares of the company’s stock valued at $62,251,000 after purchasing an additional 13,750 shares during the last quarter. Vestor Capital LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 2,806.2% in the first quarter. Vestor Capital LLC now owns 240,521 shares of the company’s stock valued at $18,919,000 after purchasing an additional 232,245 shares during the last quarter. Oarsman Capital Inc. lifted its position in iShares MSCI Emerging Markets ex China ETF by 2.3% during the second quarter. Oarsman Capital Inc. now owns 166,320 shares of the company’s stock worth $17,015,000 after buying an additional 3,813 shares in the last quarter. Finally, Kozak & Associates Inc. purchased a new position in iShares MSCI Emerging Markets ex China ETF during the second quarter worth approximately $13,764,000.
iShares MSCI Emerging Markets ex China ETF Stock Performance
Shares of NASDAQ:EMXC traded up $0.80 during midday trading on Friday, hitting $99.02. The company’s stock had a trading volume of 1,438,997 shares, compared to its average volume of 2,934,431. The business’s 50 day simple moving average is $98.47 and its 200 day simple moving average is $95.02. The company has a market cap of $25.52 billion, a P/E ratio of 15.28 and a beta of 0.90. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $67.01 and a 12-month high of $107.12.
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.
See Also
- Five stocks we like better than iShares MSCI Emerging Markets ex China ETF
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
Receive News & Ratings for iShares MSCI Emerging Markets ex China ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ex China ETF and related companies with MarketBeat.com's FREE daily email newsletter.
