Short Interest in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Decreases By 60.9%

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 13,449 shares, a drop of 60.9% from the May 31st total of 34,389 shares. Based on an average daily trading volume, of 239,165 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

Nomura Focused Emerging Markets Equity ETF Stock Performance

Shares of NASDAQ:EMEQ traded down $1.05 during trading on Monday, hitting $71.33. The company’s stock had a trading volume of 208,165 shares, compared to its average volume of 177,201. Nomura Focused Emerging Markets Equity ETF has a fifty-two week low of $29.98 and a fifty-two week high of $78.71. The business has a 50 day moving average price of $64.34 and a two-hundred day moving average price of $52.11. The company has a market capitalization of $570.64 million, a PE ratio of 11.97 and a beta of 1.61.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Goldstein Advisors LLC acquired a new stake in Nomura Focused Emerging Markets Equity ETF in the 4th quarter valued at about $33,198,000. Pacific Wealth Management grew its position in shares of Nomura Focused Emerging Markets Equity ETF by 35.1% during the first quarter. Pacific Wealth Management now owns 493,825 shares of the company’s stock worth $22,272,000 after buying an additional 128,377 shares in the last quarter. Horizon Wealth Management LLC purchased a new stake in shares of Nomura Focused Emerging Markets Equity ETF during the first quarter worth approximately $18,448,000. LPL Financial LLC increased its stake in shares of Nomura Focused Emerging Markets Equity ETF by 121.9% during the fourth quarter. LPL Financial LLC now owns 390,698 shares of the company’s stock worth $15,706,000 after buying an additional 214,606 shares during the period. Finally, &PARTNERS purchased a new position in Nomura Focused Emerging Markets Equity ETF in the fourth quarter worth approximately $12,735,000.

About Nomura Focused Emerging Markets Equity ETF

The Macquarie Focused Emerging Markets Equity ETF (EMEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of companies across all capitalizations within the emerging markets. EMEQ was launched on Sep 4, 2024 and is issued by Macquarie.