iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Sees Large Decline in Short Interest

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 7,900 shares, a decrease of 62.7% from the May 15th total of 21,200 shares. Based on an average daily trading volume, of 7,500 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the shares of the company are short sold.

iShares ESG Advanced MSCI EM ETF Stock Down 1.6%

NASDAQ EMXF traded down $0.69 during trading hours on Friday, hitting $41.90. 658 shares of the stock were exchanged, compared to its average volume of 6,188. The stock has a 50-day moving average of $39.43 and a 200 day moving average of $38.66. The company has a market cap of $96.37 million, a price-to-earnings ratio of 12.27 and a beta of 0.63. iShares ESG Advanced MSCI EM ETF has a 12-month low of $34.03 and a 12-month high of $42.65.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EM ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Parkworth Wealth Management Inc. acquired a new position in shares of iShares ESG Advanced MSCI EM ETF during the 4th quarter worth $185,000. Haverford Trust Co purchased a new stake in iShares ESG Advanced MSCI EM ETF in the 1st quarter valued at about $263,000. Main Street Financial Solutions LLC increased its stake in shares of iShares ESG Advanced MSCI EM ETF by 14.5% during the 4th quarter. Main Street Financial Solutions LLC now owns 7,347 shares of the company’s stock valued at $274,000 after acquiring an additional 933 shares during the last quarter. Financial Insights Inc. acquired a new stake in shares of iShares ESG Advanced MSCI EM ETF in the fourth quarter worth approximately $275,000. Finally, Stratos Wealth Partners LTD. grew its stake in shares of iShares ESG Advanced MSCI EM ETF by 49.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,783 shares of the company’s stock valued at $290,000 after buying an additional 2,591 shares during the period.

About iShares ESG Advanced MSCI EM ETF

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities.