Short Interest in Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) Increases By 136.9%

Nomura Focused Emerging Markets Equity ETF (NASDAQ:EMEQ) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 57,450 shares, a growth of 136.9% from the July 30th total of 24,254 shares. Based on an average trading volume of 107,241 shares, the short-interest ratio is currently 0.5 days. Approximately 0.6% of the company’s shares are sold short.

Hedge Funds Weigh In On Nomura Focused Emerging Markets Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldstein Advisors LLC acquired a new position in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at approximately $33,198,000. Pacific Wealth Management lifted its position in 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 acquiring an additional 128,377 shares during the last quarter. Horizon Wealth Management LLC bought a new position in Nomura Focused Emerging Markets Equity ETF during the 1st quarter worth $18,448,000. LPL Financial LLC grew its position in Nomura Focused Emerging Markets Equity ETF by 121.9% in the fourth quarter. LPL Financial LLC now owns 390,698 shares of the company’s stock valued at $15,706,000 after acquiring an additional 214,606 shares during the last quarter. Finally, &PARTNERS acquired a new stake in Nomura Focused Emerging Markets Equity ETF in the fourth quarter valued at $12,735,000.

Nomura Focused Emerging Markets Equity ETF Stock Down 1.2%

EMEQ stock traded down $0.79 during trading on Friday, hitting $64.40. 54,106 shares of the company’s stock traded hands, compared to its average volume of 162,944. The stock has a fifty day moving average price of $65.90 and a two-hundred day moving average price of $58.98. The stock has a market capitalization of $598.92 million, a price-to-earnings ratio of 11.97 and a beta of 1.64. Nomura Focused Emerging Markets Equity ETF has a 52 week low of $31.02 and a 52 week high of $78.71.

Nomura Focused Emerging Markets Equity ETF Company Profile

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.