iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Stock Short Interest Report for October

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 179,627 shares, an increase of 97.3% from the September 30th total of 91,051 shares. Based on an average daily trading volume, of 135,715 shares, the short-interest ratio is presently 1.3 days. Currently, 1.0% of the company’s stock are short sold.

iShares Emerging Markets Equity Factor ETF Stock Performance

Shares of EMGF stock opened at $65.50 on Tuesday. iShares Emerging Markets Equity Factor ETF has a twelve month low of $55.58 and a twelve month high of $76.58. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 13.32 and a beta of 0.59. The stock’s 50 day simple moving average is $70.73 and its 200 day simple moving average is $68.22.

Hedge Funds Weigh In On iShares Emerging Markets Equity Factor ETF

Institutional investors have recently made changes to their positions in the business. Navellier & Associates Inc. acquired a new position in shares of iShares Emerging Markets Equity Factor ETF during the second quarter worth approximately $1,666,000. Kingswood Wealth Advisors LLC boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 8.5% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 21,119 shares of the company’s stock valued at $1,511,000 after acquiring an additional 1,646 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of iShares Emerging Markets Equity Factor ETF in the 3rd quarter valued at approximately $28,000. Worth Asset Management LLC grew its position in iShares Emerging Markets Equity Factor ETF by 43.8% in the third quarter. Worth Asset Management LLC now owns 12,983 shares of the company’s stock valued at $929,000 after acquiring an additional 3,955 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of iShares Emerging Markets Equity Factor ETF during the 2nd quarter worth about $203,000.

About iShares Emerging Markets Equity Factor ETF

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.