Short Interest in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Drops By 22.7%

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 9,180,000 shares, a drop of 22.7% from the January 31st total of 11,870,000 shares. Based on an average trading volume of 2,046,900 shares, the short-interest ratio is presently 4.5 days.

iShares MSCI Emerging Markets ex China ETF Price Performance

Shares of NASDAQ EMXC opened at $54.25 on Tuesday. The stock has a market capitalization of $14.88 billion, a price-to-earnings ratio of 14.51 and a beta of 0.92. The business has a 50-day moving average of $56.32 and a 200-day moving average of $58.38. iShares MSCI Emerging Markets ex China ETF has a fifty-two week low of $54.04 and a fifty-two week high of $63.25.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.9999 dividend. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

Several hedge funds have recently modified their holdings of EMXC. Cary Street Partners Asset Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 60.3% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 17,663 shares of the company’s stock valued at $1,079,000 after acquiring an additional 6,646 shares in the last quarter. United Advisor Group LLC grew its holdings in iShares MSCI Emerging Markets ex China ETF by 4.5% during the third quarter. United Advisor Group LLC now owns 22,916 shares of the company’s stock worth $1,400,000 after purchasing an additional 994 shares during the period. Crestwood Advisors Group LLC grew its holdings in iShares MSCI Emerging Markets ex China ETF by 1.4% during the third quarter. Crestwood Advisors Group LLC now owns 534,293 shares of the company’s stock worth $32,653,000 after purchasing an additional 7,592 shares during the period. Crescent Grove Advisors LLC grew its holdings in iShares MSCI Emerging Markets ex China ETF by 4.5% during the third quarter. Crescent Grove Advisors LLC now owns 61,710 shares of the company’s stock worth $3,771,000 after purchasing an additional 2,635 shares during the period. Finally, Graypoint LLC grew its holdings in iShares MSCI Emerging Markets ex China ETF by 4.8% during the third quarter. Graypoint LLC now owns 114,493 shares of the company’s stock worth $6,997,000 after purchasing an additional 5,268 shares during the period.

iShares MSCI Emerging Markets ex China ETF Company Profile

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.