Short Interest in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Grows By 55.3%

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 4,487 shares, a growth of 55.3% from the November 30th total of 2,889 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 2,494 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily volume of 2,494 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.5% of the company’s stock are short sold.

iShares Emerging Markets Infrastructure ETF Price Performance

Shares of NASDAQ:EMIF opened at $26.87 on Monday. The firm has a market capitalization of $8.06 million, a P/E ratio of 10.93 and a beta of 0.59. The business’s 50-day moving average is $26.77 and its 200 day moving average is $25.36. iShares Emerging Markets Infrastructure ETF has a 1 year low of $19.51 and a 1 year high of $27.95.

iShares Emerging Markets Infrastructure ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.824 dividend. This represents a dividend yield of 624.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Emerging Markets Infrastructure ETF stock. OLD Mission Capital LLC grew its stake in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) by 15.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,888 shares of the company’s stock after buying an additional 12,039 shares during the period. OLD Mission Capital LLC owned 29.63% of iShares Emerging Markets Infrastructure ETF worth $1,879,000 at the end of the most recent quarter.

iShares Emerging Markets Infrastructure ETF Company Profile

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.