iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Short Interest Up 131.6% in April

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 13,200 shares, an increase of 131.6% from the March 31st total of 5,700 shares. Based on an average trading volume of 15,200 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Invera Wealth Advisors LLC increased its stake in iShares ESG Advanced MSCI EM ETF by 8.3% in the first quarter. Invera Wealth Advisors LLC now owns 109,273 shares of the company’s stock valued at $3,759,000 after acquiring an additional 8,383 shares during the last quarter. RWA Wealth Partners LLC bought a new position in shares of iShares ESG Advanced MSCI EM ETF during the fourth quarter valued at about $1,734,000. Walkner Condon Financial Advisors LLC grew its stake in shares of iShares ESG Advanced MSCI EM ETF by 10.0% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 32,890 shares of the company’s stock valued at $1,168,000 after buying an additional 2,995 shares during the last quarter. Bailard Inc. bought a new position in shares of iShares ESG Advanced MSCI EM ETF during the fourth quarter valued at about $1,037,000. Finally, Lazard Asset Management LLC bought a new position in shares of iShares ESG Advanced MSCI EM ETF during the third quarter valued at about $790,000.

iShares ESG Advanced MSCI EM ETF Stock Performance

EMXF traded up $0.31 during trading on Friday, reaching $35.54. The stock had a trading volume of 4,623 shares, compared to its average volume of 13,235. The stock has a market cap of $74.63 million, a PE ratio of 11.74 and a beta of 0.63. iShares ESG Advanced MSCI EM ETF has a one year low of $31.46 and a one year high of $37.86. The business has a 50-day moving average of $35.39 and a 200-day moving average of $34.76.

About iShares ESG Advanced MSCI EM ETF

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities.