Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Sees Significant Decrease in Short Interest

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 22,436 shares, a decrease of 60.9% from the August 15th total of 57,450 shares. Based on an average daily volume of 84,525 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 1st quarter valued at $93,000. Osaic Holdings Inc. acquired a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the 4th quarter worth $141,000. Sankala Group LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 4th quarter worth $229,000. Janney Montgomery Scott LLC purchased a new position in shares of Nomura Focused Emerging Markets Equity ETF in the 1st quarter worth $338,000. Finally, Jane Street Group LLC acquired a new position in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at $385,000.

Nomura Focused Emerging Markets Equity ETF Price Performance

NASDAQ:EMEQ traded up $0.89 during mid-day trading on Friday, reaching $66.55. The company’s stock had a trading volume of 72,505 shares, compared to its average volume of 159,559. The stock has a market cap of $618.91 million, a P/E ratio of 11.97 and a beta of 1.63. The company’s fifty day simple moving average is $64.57 and its two-hundred day simple moving average is $60.22. Nomura Focused Emerging Markets Equity ETF has a twelve month low of $34.19 and a twelve month high of $78.71.

About Nomura Focused Emerging Markets Equity ETF

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.