Short Interest in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Rises By 25.8%

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 88,317,354 shares, a growth of 25.8% from the November 30th total of 70,224,076 shares. Approximately 23.2% of the company’s stock are sold short. Based on an average daily volume of 23,208,523 shares, the days-to-cover ratio is currently 3.8 days. Based on an average daily volume of 23,208,523 shares, the days-to-cover ratio is currently 3.8 days. Approximately 23.2% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Gries Financial LLC increased its stake in iShares MSCI Emerging Markets ETF by 1.3% in the third quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 187 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 11.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock valued at $103,000 after buying an additional 201 shares during the last quarter. Accredited Wealth Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 206 shares in the last quarter. Sowell Financial Services LLC lifted its position in iShares MSCI Emerging Markets ETF by 0.3% in the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock valued at $3,445,000 after acquiring an additional 211 shares during the last quarter. Finally, United Capital Financial Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF by 0.4% in the third quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock valued at $3,136,000 after acquiring an additional 213 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $54.88 on Wednesday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $56.31. The firm has a market capitalization of $20.87 billion, a PE ratio of 14.46 and a beta of 0.64. The business’s fifty day moving average price is $54.51 and its 200 day moving average price is $51.88.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.