iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 168,690 shares, a growth of 748.9% from the August 31st total of 19,871 shares. Based on an average daily trading volume, of 114,028 shares, the days-to-cover ratio is currently 1.5 days. Currently, 3.3% of the company’s shares are short sold.
iShares MSCI Emerging Markets Small-Cap ETF Trading Up 0.9%
EEMS traded up $0.65 during trading on Friday, reaching $75.83. The stock had a trading volume of 4,268 shares, compared to its average volume of 45,342. The company has a market capitalization of $386.73 million, a price-to-earnings ratio of 15.93 and a beta of 0.71. The stock’s 50 day moving average is $74.39 and its two-hundred day moving average is $74.35. iShares MSCI Emerging Markets Small-Cap ETF has a one year low of $65.04 and a one year high of $79.44.
Hedge Funds Weigh In On iShares MSCI Emerging Markets Small-Cap ETF
A number of hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 13.8% during the first quarter. Janney Montgomery Scott LLC now owns 9,046 shares of the company’s stock valued at $626,000 after purchasing an additional 1,098 shares during the last quarter. Gould Asset Management LLC CA raised its holdings in iShares MSCI Emerging Markets Small-Cap ETF by 7.4% in the 1st quarter. Gould Asset Management LLC CA now owns 5,365 shares of the company’s stock worth $371,000 after purchasing an additional 370 shares during the period. Finally, Van Berkom & Associates Inc. bought a new position in shares of iShares MSCI Emerging Markets Small-Cap ETF in the first quarter worth about $48,000.
iShares MSCI Emerging Markets Small-Cap ETF Company Profile
The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.
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