Short Interest in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Drops By 89.2%

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 595 shares, a decrease of 89.2% from the February 26th total of 5,493 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 3,749 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 3,749 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares Emerging Markets Infrastructure ETF

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

iShares Emerging Markets Infrastructure ETF Price Performance

Shares of EMIF stock opened at $28.12 on Wednesday. The company has a market capitalization of $9.84 million, a price-to-earnings ratio of 10.93 and a beta of 0.59. iShares Emerging Markets Infrastructure ETF has a one year low of $19.51 and a one year high of $30.79. The company’s fifty day moving average price is $28.93 and its 200-day moving average price is $27.28.

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.