First Trust Bloomberg Emerging Market Democracies ETF (NYSEARCA:EMDM) Sees Large Increase in Short Interest

Posted by James Quigley on Sep 25th, 2026

First Trust Bloomberg Emerging Market Democracies ETF (NYSEARCA:EMDM – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 13,885 shares, an increase of 358.6% from the August 31st total of 3,028 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average trading volume of 13,561 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On First Trust Bloomberg Emerging Market Democracies ETF

A number of hedge funds have recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its position in First Trust Bloomberg Emerging Market Democracies ETF by 40.0% in the second quarter. Envestnet Asset Management Inc. now owns 22,684 shares of the company’s stock valued at $980,000 after acquiring an additional 6,485 shares during the period. NI Acquisitions Company LLC acquired a new position in First Trust Bloomberg Emerging Market Democracies ETF during the second quarter worth $1,406,000. Finally, Compass Financial Management LLC acquired a new position in First Trust Bloomberg Emerging Market Democracies ETF during the second quarter worth $2,853,000.

First Trust Bloomberg Emerging Market Democracies ETF Trading Up 0.7%

NYSEARCA:EMDM traded up $0.29 during mid-day trading on Friday, hitting $42.54. The company’s stock had a trading volume of 18,050 shares, compared to its average volume of 10,404. The company has a market capitalization of $40.42 million, a price-to-earnings ratio of 12.05 and a beta of 0.88. First Trust Bloomberg Emerging Market Democracies ETF has a fifty-two week low of $27.80 and a fifty-two week high of $45.03. The stock has a fifty day moving average of $41.51 and a 200-day moving average of $40.45.

About First Trust Bloomberg Emerging Market Democracies ETF

(Get Free Report)

The First Trust Exchange-Traded Fun (EMDM) is an exchange-traded fund that mostly invests in total market equity. The fund follows a principles-based index of large- and mid-cap companies located in emerging market countries considered to have electoral democracy. Holdings are weighted based on a combination of governance score and market capitalization. EMDM was launched on Mar 2, 2023 and is managed by First Trust.