iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Sees Significant Increase in Short Interest

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 36,900 shares, a growth of 2,206.3% from the December 31st total of 1,600 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is presently 5.8 days.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EM ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMXF. Sei Investments Co. boosted its position in shares of iShares ESG Advanced MSCI EM ETF by 135.9% during the second quarter. Sei Investments Co. now owns 107,079 shares of the company’s stock worth $3,929,000 after buying an additional 61,688 shares during the period. Values Added Financial LLC boosted its position in iShares ESG Advanced MSCI EM ETF by 53.3% during the 3rd quarter. Values Added Financial LLC now owns 33,186 shares of the company’s stock worth $1,345,000 after acquiring an additional 11,533 shares during the last quarter. Optas LLC boosted its position in iShares ESG Advanced MSCI EM ETF by 8.0% during the 4th quarter. Optas LLC now owns 10,493 shares of the company’s stock worth $391,000 after acquiring an additional 774 shares during the last quarter. Wade Financial Advisory Inc boosted its position in iShares ESG Advanced MSCI EM ETF by 14.6% during the 3rd quarter. Wade Financial Advisory Inc now owns 8,711 shares of the company’s stock worth $353,000 after acquiring an additional 1,110 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its position in iShares ESG Advanced MSCI EM ETF by 49.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,783 shares of the company’s stock worth $290,000 after acquiring an additional 2,591 shares during the last quarter.

iShares ESG Advanced MSCI EM ETF Price Performance

Shares of iShares ESG Advanced MSCI EM ETF stock traded up $0.06 on Tuesday, hitting $37.86. The company had a trading volume of 1,939 shares, compared to its average volume of 6,839. The firm has a market capitalization of $87.08 million, a P/E ratio of 12.60 and a beta of 0.63. iShares ESG Advanced MSCI EM ETF has a twelve month low of $31.46 and a twelve month high of $41.55. The stock has a 50-day moving average of $38.10 and a 200-day moving average of $38.41.

iShares ESG Advanced MSCI EM ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were paid a $0.0259 dividend. The ex-dividend date was Monday, December 30th.

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.