Short Interest in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Increases By 280.7%

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 830 shares, a growth of 280.7% from the April 30th total of 218 shares. Based on an average daily trading volume, of 3,578 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

iShares Emerging Markets Infrastructure ETF Price Performance

Shares of EMIF stock traded down $0.09 during mid-day trading on Friday, hitting $27.03. The company had a trading volume of 1,141 shares, compared to its average volume of 5,835. iShares Emerging Markets Infrastructure ETF has a 52-week low of $22.73 and a 52-week high of $30.79. The stock’s 50 day moving average price is $28.44 and its 200-day moving average price is $28.15. The company has a market capitalization of $13.52 million, a P/E ratio of 10.93 and a beta of 0.47.

Hedge Funds 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 bought a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 filing with the Securities & Exchange Commission.

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.