Short Interest in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Drops By 60.9%

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQGet Free Report) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 13,449 shares, a decrease of 60.9% from the May 31st total of 34,389 shares. Based on an average trading volume of 239,165 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

Nomura Focused Emerging Markets Equity ETF Stock Performance

NASDAQ:EMEQ opened at $72.86 on Wednesday. The firm has a 50-day simple moving average of $65.11 and a 200-day simple moving average of $52.56. Nomura Focused Emerging Markets Equity ETF has a one year low of $29.98 and a one year high of $78.71. The firm has a market cap of $582.88 million, a P/E ratio of 11.97 and a beta of 1.61.

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

A number of large investors have recently bought and sold shares of the business. CWM LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at $34,000. Private Trust Co. NA purchased a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the 4th quarter worth $61,000. Fifth Third Bancorp purchased a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the 1st quarter worth $93,000. Osaic Holdings Inc. bought a new stake in Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at about $141,000. Finally, Sankala Group LLC bought a new stake in Nomura Focused Emerging Markets Equity ETF during the fourth quarter valued at about $229,000.

About Nomura Focused Emerging Markets Equity ETF

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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.

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