Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Increases By 29.3%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 11,870,000 shares, a growth of 29.3% from the January 15th total of 9,180,000 shares. Based on an average trading volume of 2,098,800 shares, the days-to-cover ratio is currently 5.7 days.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc raised its stake in iShares MSCI Emerging Markets ex China ETF by 0.5% in the 4th quarter. Versant Capital Management Inc now owns 40,354 shares of the company’s stock worth $2,238,000 after acquiring an additional 189 shares during the last quarter. Greenwich Wealth Management LLC raised its stake in iShares MSCI Emerging Markets ex China ETF by 4.1% in the 4th quarter. Greenwich Wealth Management LLC now owns 5,102 shares of the company’s stock worth $283,000 after acquiring an additional 200 shares during the last quarter. Princeton Global Asset Management LLC raised its stake in iShares MSCI Emerging Markets ex China ETF by 2.8% in the 4th quarter. Princeton Global Asset Management LLC now owns 9,914 shares of the company’s stock worth $550,000 after acquiring an additional 271 shares during the last quarter. Crescent Grove Advisors LLC raised its stake in iShares MSCI Emerging Markets ex China ETF by 0.5% in the 4th quarter. Crescent Grove Advisors LLC now owns 62,045 shares of the company’s stock worth $3,440,000 after acquiring an additional 335 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. raised its stake in iShares MSCI Emerging Markets ex China ETF by 3.1% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 11,602 shares of the company’s stock worth $643,000 after acquiring an additional 349 shares during the last quarter.

iShares MSCI Emerging Markets ex China ETF Price Performance

NASDAQ EMXC traded down $0.14 during midday trading on Friday, hitting $57.05. 1,354,813 shares of the company traded hands, compared to its average volume of 2,210,837. The company has a market cap of $15.65 billion, a PE ratio of 12.73 and a beta of 0.88. The company’s 50-day simple moving average is $56.55 and its 200-day simple moving average is $58.52. iShares MSCI Emerging Markets ex China ETF has a 52 week low of $54.41 and a 52 week high of $63.25.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.9999 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares MSCI Emerging Markets ex China ETF Company Profile

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.