iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Large Increase in Short Interest

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,788,078 shares, an increase of 189.6% from the February 26th total of 2,689,130 shares. Currently, 4.0% of the shares of the stock are sold short. Based on an average trading volume of 5,820,697 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EMXC. Front Row Advisors LLC acquired a new position in iShares MSCI Emerging Markets ex China ETF in the second quarter worth approximately $26,000. Sankala Group LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth $27,000. Brown Brothers Harriman & Co. acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter worth $27,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at $31,000. Finally, Sound Income Strategies LLC lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 114.2% during the third quarter. Sound Income Strategies LLC now owns 497 shares of the company’s stock valued at $34,000 after purchasing an additional 265 shares during the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Down 0.8%

iShares MSCI Emerging Markets ex China ETF stock traded down $0.60 during midday trading on Friday, hitting $76.38. The company’s stock had a trading volume of 4,527,910 shares, compared to its average volume of 3,911,880. iShares MSCI Emerging Markets ex China ETF has a 12 month low of $49.60 and a 12 month high of $88.87. The company has a market capitalization of $14.93 billion, a PE ratio of 15.28 and a beta of 0.82. The stock’s 50-day moving average price is $81.51 and its 200-day moving average price is $74.51.

iShares MSCI Emerging Markets ex China ETF Company Profile

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.