iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) Shares Shorted: Short Interest Down 55.3% in September

iShares MSCI Emerging Markets Min Vol Factor ETF (BATS:EEMV) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 224,109 shares, a decrease of 55.3% from the September 15th total of 501,096 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 227,036 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC increased its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 2.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 42,789 shares of the company’s stock worth $2,770,000 after purchasing an additional 985 shares in the last quarter. Plimoth Trust Co. LLC grew its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 7.8% during the 1st quarter. Plimoth Trust Co. LLC now owns 33,583 shares of the company’s stock valued at $2,174,000 after acquiring an additional 2,422 shares during the period. Virtu Financial LLC bought a new stake in iShares MSCI Emerging Markets Min Vol Factor ETF during the 4th quarter worth approximately $1,717,000. Navellier & Associates Inc. bought a new stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF during the 2nd quarter valued at $1,111,000. Finally, Bessemer Group Inc. lifted its stake in shares of iShares MSCI Emerging Markets Min Vol Factor ETF by 1,662.1% during the 1st quarter. Bessemer Group Inc. now owns 4,000 shares of the company’s stock valued at $259,000 after buying an additional 3,773 shares in the last quarter.

iShares MSCI Emerging Markets Min Vol Factor ETF Trading Down 1.3%

BATS EEMV opened at $72.86 on Thursday. The firm has a market cap of $5.28 billion, a PE ratio of 16.07 and a beta of 0.44. iShares MSCI Emerging Markets Min Vol Factor ETF has a 1-year low of $62.77 and a 1-year high of $77.39. The stock has a 50-day moving average of $74.97 and a 200-day moving average of $72.95.

iShares MSCI Emerging Markets Min Vol Factor ETF Company Profile

The iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) is an exchange-traded fund that is based on the MSCI EM Minimum Volatility (USD) index. The fund tracks an index of emerging markets firms selected and weighted to create a low volatility portfolio. EEMV was launched on Oct 18, 2011 and is managed by BlackRock.