iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Short Interest Down 99.3% in May

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,362 shares, a decline of 99.3% from the May 14th total of 317,649 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 192,484 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares Emerging Markets Equity Factor ETF

A number of institutional investors have recently modified their holdings of EMGF. EverSource Wealth Advisors LLC boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 38.3% in the first quarter. EverSource Wealth Advisors LLC now owns 1,606 shares of the company’s stock valued at $97,000 after acquiring an additional 445 shares during the period. Worth Asset Management LLC bought a new stake in shares of iShares Emerging Markets Equity Factor ETF in the first quarter valued at about $506,000. Captrust Financial Advisors boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 2.2% in the fourth quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock valued at $1,084,000 after acquiring an additional 398 shares during the period. First Citizens Financial Corp boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 8.4% in the fourth quarter. First Citizens Financial Corp now owns 19,135 shares of the company’s stock valued at $1,107,000 after acquiring an additional 1,486 shares during the period. Finally, Hirtle Callaghan & Co LLC boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 1.7% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock valued at $1,233,000 after acquiring an additional 350 shares during the period.

iShares Emerging Markets Equity Factor ETF Stock Performance

Shares of iShares Emerging Markets Equity Factor ETF stock opened at $69.62 on Thursday. The firm has a 50-day moving average of $68.77 and a 200-day moving average of $63.60. The stock has a market cap of $1.23 billion, a PE ratio of 13.32 and a beta of 0.59. iShares Emerging Markets Equity Factor ETF has a 52-week low of $49.87 and a 52-week high of $76.23.

About iShares Emerging Markets Equity Factor ETF

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.