iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) Stock Short Interest Jumps 58.3%

iShares ESG Advanced MSCI EM ETF (NASDAQ:EMXF) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 40,785 shares, a growth of 58.3% from the August 31st total of 25,772 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average trading volume of 4,244 shares, the days-to-cover ratio is presently 9.6 days.

Institutional Trading of iShares ESG Advanced MSCI EM ETF

Several hedge funds have recently bought and sold shares of EMXF. Talisman Wealth Advisors LLC bought a new position in shares of iShares ESG Advanced MSCI EM ETF in the fourth quarter worth about $410,000. Sei Investments Co. grew its stake in shares of iShares ESG Advanced MSCI EM ETF by 2.5% during the 1st quarter. Sei Investments Co. now owns 229,375 shares of the company’s stock valued at $10,974,000 after acquiring an additional 5,522 shares during the period. Mccarter Private Wealth Services LLC purchased a new stake in iShares ESG Advanced MSCI EM ETF in the 4th quarter worth approximately $254,000. Financially in Tune LLC purchased a new stake in iShares ESG Advanced MSCI EM ETF in the 4th quarter worth approximately $213,000. Finally, Envestnet Asset Management Inc. bought a new stake in iShares ESG Advanced MSCI EM ETF during the 2nd quarter worth approximately $263,000.

iShares ESG Advanced MSCI EM ETF Stock Performance

Shares of EMXF stock traded down $0.41 during mid-day trading on Wednesday, reaching $57.25. 8,648 shares of the company’s stock traded hands, compared to its average volume of 8,179. The firm has a market capitalization of $166.03 million, a PE ratio of 13.05 and a beta of 0.71. iShares ESG Advanced MSCI EM ETF has a 12 month low of $44.11 and a 12 month high of $60.04. The firm has a 50 day moving average price of $56.97 and a two-hundred day moving average price of $55.10.

iShares ESG Advanced MSCI EM ETF Company Profile

The iShares ESG Advanced MSCI EM ETF (EMXF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities. EMXF was launched on Oct 6, 2020 and is managed by BlackRock.