iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,808 shares, an increase of 1,210.1% from the August 15th total of 1,054 shares. Currently, 2.8% of the company’s shares are sold short. Based on an average daily volume of 5,009 shares, the days-to-cover ratio is presently 2.8 days.
iShares Emerging Markets Infrastructure ETF Price Performance
Shares of NASDAQ:EMIF traded down $0.07 during midday trading on Friday, reaching $26.59. 1,646 shares of the company’s stock were exchanged, compared to its average volume of 4,499. The stock has a market cap of $13.30 million, a price-to-earnings ratio of 10.93 and a beta of 0.45. iShares Emerging Markets Infrastructure ETF has a fifty-two week low of $24.75 and a fifty-two week high of $30.79. The firm’s 50 day simple moving average is $26.04 and its two-hundred day simple moving average is $27.34.
Institutional Investors Weigh In On iShares Emerging Markets Infrastructure ETF
A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned about 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission.
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.
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