iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Shorted: Short Interest Up 258.0% in October

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 8,084,563 shares, an increase of 258.0% from the October 15th total of 2,258,273 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 13,799,784 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF

Large investors have recently bought and sold shares of the stock. Rathbones Group PLC raised its position in iShares Core MSCI Emerging Markets ETF by 1.1% in the 3rd quarter. Rathbones Group PLC now owns 53,522 shares of the company’s stock valued at $4,344,000 after purchasing an additional 599 shares in the last quarter. TIAA CREF Individual & Institutional Services LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.9% during the third quarter. TIAA CREF Individual & Institutional Services LLC now owns 12,872,292 shares of the company’s stock worth $1,044,715,000 after buying an additional 363,621 shares during the period. Whittier Trust Co. increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 3.7% during the third quarter. Whittier Trust Co. now owns 1,196,325 shares of the company’s stock worth $97,381,000 after buying an additional 42,204 shares during the period. TIAA Trust National Association raised its holdings in iShares Core MSCI Emerging Markets ETF by 1.4% in the third quarter. TIAA Trust National Association now owns 808,177 shares of the company’s stock valued at $65,592,000 after acquiring an additional 11,434 shares in the last quarter. Finally, GW&K Investment Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 10.4% in the third quarter. GW&K Investment Management LLC now owns 9,273 shares of the company’s stock valued at $753,000 after acquiring an additional 871 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock traded down $1.08 during trading hours on Thursday, reaching $74.39. 10,095,733 shares of the company were exchanged, compared to its average volume of 14,357,774. The firm has a market cap of $146.55 billion, a PE ratio of 12.44 and a beta of 0.77. iShares Core MSCI Emerging Markets ETF has a 1 year low of $64.67 and a 1 year high of $86.49. The stock’s fifty day moving average is $79.26 and its 200 day moving average is $78.00.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.