Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Rises By 61.3%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXCGet Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 547,884 shares, an increase of 61.3% from the July 15th total of 339,586 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,856,256 shares, the short-interest ratio is presently 0.2 days.

iShares MSCI Emerging Markets ex China ETF Price Performance

EMXC stock traded up $1.01 during trading hours on Monday, reaching $98.30. 970,935 shares of the stock were exchanged, compared to its average volume of 3,204,355. The firm’s 50-day moving average is $96.79 and its 200-day moving average is $90.47. The company has a market cap of $25.04 billion, a price-to-earnings ratio of 15.28 and a beta of 0.89. iShares MSCI Emerging Markets ex China ETF has a 12 month low of $62.71 and a 12 month high of $107.12.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.588 dividend. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Compass Financial Management LLC acquired a new stake in iShares MSCI Emerging Markets ex China ETF in the 2nd quarter valued at approximately $619,000. Norway Savings Bank boosted its position in iShares MSCI Emerging Markets ex China ETF by 0.6% during the 2nd quarter. Norway Savings Bank now owns 80,721 shares of the company’s stock worth $8,258,000 after acquiring an additional 519 shares during the last quarter. Emprise Bank acquired a new position in iShares MSCI Emerging Markets ex China ETF during the 2nd quarter worth approximately $214,000. Bulwark Capital Corp grew its stake in shares of iShares MSCI Emerging Markets ex China ETF by 5.0% during the 2nd quarter. Bulwark Capital Corp now owns 10,941 shares of the company’s stock worth $1,119,000 after acquiring an additional 522 shares in the last quarter. Finally, Silverleafe Capital Partners LLC grew its stake in shares of iShares MSCI Emerging Markets ex China ETF by 0.8% during the 2nd quarter. Silverleafe Capital Partners LLC now owns 52,562 shares of the company’s stock worth $5,377,000 after acquiring an additional 402 shares in the last quarter.

About iShares MSCI Emerging Markets ex China ETF

(Get Free Report)

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.

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