Short Interest in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Drops By 39.5%

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 14,241 shares, a decrease of 39.5% from the January 15th total of 23,551 shares. Approximately 4.1% of the company’s shares are short sold. Based on an average trading volume of 4,979 shares, the short-interest ratio is presently 2.9 days. Based on an average trading volume of 4,979 shares, the short-interest ratio is presently 2.9 days. Approximately 4.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned about 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent SEC filing.

iShares Emerging Markets Infrastructure ETF Trading Down 0.6%

Shares of EMIF traded down $0.18 during mid-day trading on Friday, hitting $30.12. The company’s stock had a trading volume of 10,078 shares, compared to its average volume of 8,680. The company’s 50-day moving average is $27.69 and its 200-day moving average is $26.37. iShares Emerging Markets Infrastructure ETF has a 52-week low of $19.51 and a 52-week high of $30.79. The firm has a market capitalization of $10.54 million, a price-to-earnings ratio of 10.93 and a beta of 0.59.

iShares Emerging Markets Infrastructure ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.824 per share. This represents a yield of 624.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.